ZAR works side by side with insurance companies in managing Life and General Insurance business, supporting them in identifying and measuring risks, designing business strategies, designing and implementing financial reporting processes (local and IFRS17), developing risk management models and defining new products,

 

giving the clients access to the mathematical and statistical skills of their own professionals.
The experience gained by their professionals let ZAR offer a wide range of consulting activities, among them:

some of our services:

new product development and pricing

design of guarantees, pricing estimation according to risk-return targets, market position, regulatory filing;

actuarial valuations

support on the valuation of insurance companies or lines of business in M&A processes;

Enterprise Risk Management

support on developing and validating risk management processes and models;

IFRS17

design and implementation of financial valuation and reporting processes; assessment of the methodologies; tools selection;

reserving/valuations

actuarial support on calculation and preparation of local statutory, IFRS and USGAAP financial statements;

regulatory support

assist the clients in the compliance review for national and sovra-national regulation;

business planning

development of plans for supporting business strategies or authorisation processes;

outsourcing

direct handling of activities outsourced by the clients.

peer review

independent valuations of actuarial analysis operated by internal functions;

actuarial due diligences

review of the processes and the information available from potential acquisition targets;

cost management

definition of processes, tools and procedures for integrating the cost analysis into the business management, the product pricing and the profitability measure;

EMPLOYEE BENEFITS

independent actuarial valuations of Employee Benefits, both for market operations and for international financial reporting (IAS19);

interested in our services?