Recently we have seen upticks in industry activity related to actuarial outsourcing. More captive operations and third-party service providers have begun to set up new actuarial outsourcing units or expand existing ones. What are the reasons? A new Milliman first-of-its-kind survey examined current trends in actuarial outsourcing among life insurers. The survey covers outsourcing units with operations in the Americas (North and South), Europe and Asia Pacific. This e-Alert notes highlights from the survey report.
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Global life insurance/reinsurance actuarial outsourcing: New Milliman survey report available
The (re)insurance industry in Asia has recently seen signs of increased actuarial outsourcing. Is it a new trend?