Insurance and actuary

לצפייה בעמוד זה: עברית Insurance companies in Israel are grappling with the tough new business, investment and regulatory environment that are  emerging from the financial crisis. As margins continue to tighten and market growth slows, the most successful insurers will be those most effective in judging where they have the most sustainable competitive advantages and in matching opportunities to their core institutional capabilities.

The Solvency II directive
is the biggest challenge Israeli insurance companies will have to face in the next few years. PwC Israel has in store a leading team studying the new directive and consulting insurers on how to be prepared for the anticipated local regulatory requirements.

Smart firms are also looking at how to use the move to Solvency II as an opportunity to sharpen decision-making and boost capital efficiency. They also act to turn recent developments in IFRS into a chance to enhance transparency and strengthen market confidence. Implementing and embedding firm-wide risk management practices will provide a more informed and solid basis for business planning and performance management in response to these significant changes.

Using our knowledge and expertise, we are well-placed to help life insurers, general insurers and reinsurers stay ahead of the competition and to keep up with the accelerating pace of market and regulatory change. Our specialists have expertise in a range of key areas including insurance and actuary. Our consulting services are augmented by market-leading analyses and contributions to the development of industry-wide best practice.