The rise of black swan events and catastrophic losses are placing the insurance industry under greater pressure than ever before. To address these shifting realities and maintain profitability, insurers must price their products more effectively, build more sensitive risk models and enhance operational efficiency. Financial services organizations as a whole must also take steps to stress test their balance sheets and quantify their risk exposures. Achieving these goals calls for more complex and precise actuarial analyses.
Widely used in the insurance and finance industries, actuarial analysis is entering into many other areas as its power and flexibility become more widely appreciated. Increasingly, actuarial skills are being sought to support multi-disciplinary approaches to important business decisions.
KPMG's Actuarial practice combines technical knowledge and rigorous processes with wide-ranging commercial and market experience to provide progressive, high quality and flexible advice. Our team works across a wide range of areas, including risk management, regulatory, tax, advisory and accounting lines, providing the full breadth of services to our clients.