Insurance Solutions

Financial reporting

Success by the numbers

Evolving regulatory and financial reporting standards are challenging to interpret and implement. Milliman provides end-to-end support for Solvency II, IFRS, US GAAP, and LDTI. With decades of experience, we have the historical understanding, agency relationships, and tools and expertise to streamline and improve compliance.

OVERVIEW

Milliman financial reporting solutions

Financial projections and reporting

Accurate, actionable financial projections and reporting require sophisticated modelling tools and expertise in regulatory environments across the globe. We design and customise financial projection tools that help you understand the impact of pending changes on reserves and capital. With a clear, independent analysis of your financial situation and capital requirements, you can make strategic decisions built on top-quality projections.

Learn more

IFRS reporting

Our sophisticated stochastic modelling tools can help calculate items such as discounting, risk margins, and the correlation between different lines of business for the preparation of financial statements in accordance with the latest IFRS accounting standards. We communicate concepts in a clear, concise, and informative manner so you can act on the information.

Solvency II

The EU Solvency II directive affects all operations that are at the heart of the insurance business: pricing, underwriting, assessment, risk management, assets management, internal and external reporting, and more. We are one of the world’s leading experts on Solvency II and approach these issues in a holistic fashion, helping you go beyond the basics and use modern modelling approaches to improve your business.

Learn more

Insight

Milliman financial reporting insight

White Paper

Navigating AG 55: A hypothetical insurance case study

With the initial filing for Actuarial Guideline 55 just around the corner, we offer a case study that illustrates key implications for insurers.

Read the article

Article

Managed actuarial services

Financial reporting and regulatory capital standards are continuously evolving to improve transparency, comparability and reliability of financial statements.

Read the article

Briefing note

CP2/24: Solvent exit planning for insurers

What are the main takeaways?

Read the briefing note

White paper

Shareholder value reporting in Europe: Solvency II based metrics

This report summarises the annual research performed by Milliman which looks at Solvency II based metrics for a sample of over 20 firms in Europe based on disclosures at year-end 2022.

Read the article

Milliman financial reporting products

Financial modelling & industrialisation

Integrate

Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.

Learn more

Solvency II reporting & compliance

VEGA

Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.

Learn more

Solvency II compliance

Solvency II Compliance Assessment Tool

Stay Solvency II compliant with our cloud-based tool, simplifying the latest regulations into straightforward self-assessments while tracking your compliance progress.

Learn more

RELATED SERVICES

Financial reporting