Risk and Capital Management
Key Contact
Stephen Makin, Head of Risk and Capital Management, Life & Financial Services
Contact StephenScarce capital. Uncertain risks. Changing regulations.
We understand all of this, and we’re here to help.
Risk modelling expertise
Getting your models right is vital, but how you use them also matters. We can help with both.
Whether you’re calibrating credit, exploring equity, looking at longevity, or deliberating dependency structures, we have the risk modelling expertise for you.
Or if you’d like to strengthen strategy to boost your balance sheet, we can help.
Leading-edge techniques and regulatory expertise, all wrapped up in deep-rooted, practical experience – that’s quite a combination.
Addressing PRA Feedback
A major insurer needed help in addressing some Prudential Regulation Authority (PRA) feedback relating to its approach to a small number of highly-material and judgemental calibrations, before its imminent Solvency II IMAP submission.
We helped the client by revising its methodology and calibrations for credit risk and dependency structures. We also presented, explained and helped justify the revised proposals, both internally and to the PRA. The client was able to make its IMAP submission with confidence having proactively and positively responded to regulatory feedback.