Explore our range of services and perspectives below:
IFRS 17 is a new reporting standard for insurers that came into effect on 1 January 2023. Is your organization ready?
Across both the Life and P&C space, most IFRS reporting insurers are well underway with their IFRS 17 implementation project.
The Loss Reserve Specialist can bring a range of benefits to Captive Insurers. In order to appoint someone as the LRS for an insurer they are needed to be a sufficiently qualified member with an actuarial body.
Bermuda’s insurance regulation is divided into Commercial Insurers and Limited Purpose Insurers (“LPI” or “captives”). The Bermuda Monetary Authority (“BMA”) recognizes that insurers having varying risk profiles arising from the nature, scale and complexity of their business.
Bermuda’s insurance regulation is divided into Commercial Insurers and Limited Purpose Insurers (“LPI” or “captives”). With a stable economy, robust regulatory framework, and tax-efficient environment, companies are increasingly looking to Bermuda when making strategic decisions.
Deloitte is the leading Loss Reserve Specialist and Claims Reviewer for Catastrophe Bond Offerings over the last decade. Having continued involvement in the Catastrophe Bond Offerings also means access to an extensive database of benchmarks and valuable industry information.
Our actuaries in Bermuda regularly partner with other Deloitte professionals from around the world. This enables us to provide services locally while tapping into the virtually unlimited expertise of Deloitte globally. Our locally-based team is committed to providing practical and timely solutions to all types of business queries.