Design of clear and innovative tailor-made deliverables
Use of the most up-to-date and suitable statistical models and methods
Compliance with the surrounding regulatory environment
Based on a portfolio of insurance policies, prediction of the claims experience for the different risk classes.
Phase I : Exploratory analysis
Phase II : Modelling of claims experience with different models
Phase III : Selection of the optimal model and resulting predictions
Application of the credibility theory, which consists in reassessing the amount of an individual’s premium on the basis of his or her own claims experience.
This type of work can be part of life annuity pricing or design of longevity/mortality-indexed derivatives.
Phase I : check of the assumptions
Phase II : check of the defined benefit liability
Phase III : check of the annual charge of the plan