Insurance Solutions

Capital management

Establishing a strong foundation

In the rapidly changing arena of capital management, we offer objective insight. As insurers develop new products with complex risks, we help measure and manage related capital and reserve levels, with expertise in frameworks around the world. Our risk-management expertise positions us to provide strategic advice. As economic capital methodologies continue to evolve, with Milliman, you know you’ll have sound best practices on your side.

OVERVIEW

Milliman capital management solutions

Economic capital modeling

We can help you implement economic capital models aligned with business strategies, with realistic assessments for today and tomorrow. You can rely on our strong track record of tailoring internal capital models to satisfy specific needs. We provide the incisive analysis necessary to meet regulators' requirements and to conform to emerging industry standards in the United States, under Solvency II in Europe, and using the IAIS global framework.

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Actuarial transformation solutions

Milliman Integrate® is an actuarial platform with features that help companies stay more agile and responsive with advanced capital management capabilities. Although insurers need to meet quarterly requirements, market factors and other external pressures can affect the capital position every day. With Integrate, actuaries can evaluate real-time changes in market conditions on their capital position in just a few hours.

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Insight

Milliman capital management insight

White paper

Life insurance risk, capital, and asset-liability management in the age of uncertainty

Risk inventory and taxonomy and risk calibration

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White paper

Liquidity, capital, and ALM

How insurers can include a liquidity score and liquidity stress scenarios as part of their asset liability management protocol

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article

Alternative assets for life insurers

Recent trends, risk quantification and regulatory developments

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Article

Capital redundancy in indexed annuities

Our paper analyzes capital redundancy in FIAs and argues that the use of principle-based methods would reduce the cost of capital in FIAs.

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Article

Life & Annuity Sidecars: From Sidebar to Headline Topic

While 'sidecar' reinsurance vehicles have been a common structure in the U.S. property and casualty industry, their use has become more common in the life and annuity industry as well.

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Research Report

Capital management in a Solvency II world

Solvency II changed capital requirements and how they are calculated for insurance and reinsurance undertakings. This paper addresses some of the key issues, including the need for a robust decision-making framework, how investment strategy fits in, and uses of reinsurance.

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