Dashboard: 31 July 2021
The JSE continues to grow steadily in real, local currency terms following its 2020Q1 low. The global emerging market saw a dip over the last month however on the back of a market correction following new regulatory announcements in China.
IFRS 17 insurance contracts will become effective 1 January 2023 Are you ready to go live? Do you understand the standard and what impact it will have on your organisation, IT systems and your profit and loss? Have you completed the implementation? QED has spent the last 3 years building our IFRS 17 capacity and
Dashboard: 30 June 2021 With the exception of the South African and Nigerian markets – which posted negative returns – the other African markets considered returned positive real returns in local currency terms over the second quarter of the year. These performing markets exceeded the yields on the FTSE Emerging Market Index over the same
QED has provided actuarial services to clients in Mauritius for over 20 years. This led to the opening of a local office in 2018, currently based in Moka. We now have growing local teams with members in Mauritius covering all of our key practice areas, namely:crucial information. Which is why you need to partner with
Year end audits can be busy, stressful times for finance professionals the world over. More so when you have to rely on external parties to provide you with crucial information. Which is why you need to partner with a firm that ensures you receive world-class valuation services within the short available timelines which often come
“The year is almost over and most of us will be relieved to see the back of 2020 and looking forward to a better 2021 equipped with the lessons learned from the previous year.” The pandemic has put a lot of pressure on many of our clients from a financial perspective but also emotional and
An industry report based on the paper presented at the Actuarial Society of South Africa’s 2020 Convention1 Click here to access the abovementioned paper This report is based on an investigation done on the role of the Head of the Actuarial Function (HAF) and its implementation in the South African Insurance market, two years after
Authors: Christine van Heerden & Caesar Balona Insurance companies are finding the current times increasingly more challenging and it is becoming ever more difficult to meet shareholder’s expectations of profits and return on capital. The difficulty insurers face is that they have limited resources available to manage a few changes which are expected to have
Actuarial reserving techniques have evolved from the application of algorithms, like the chain ladder method, to stochastic models of claims development, and, more recently, have been enhanced by the application of machine learning techniques. Despite this proliferation of theory and techniques, there is relatively little guidance on which reserving techniques should be applied and when.
Increasing the value of the company is commonly done through increasing profitability but also through decreasing the capital required to support the business. QED has developed a toolbox of methods available for improving profits and decreasing the cost of capital. With multiple options available, we would look to which provide the greatest increase in value
