Actuarial Services

The Global Actuarial Group delivers exceptional services to clients from diverse industries with a wide spectrum of property/casualty insurance exposures.

If your organization includes a captive agency, actuarial services are a vital piece of your effectiveness and long-term viability. Marsh’s Global Captive Solutions Actuarial Group delivers exceptional actuarial services to clients from diverse industries, with a wide spectrum of property/casualty insurance exposures.

Whether for a certification of loss reserves, an initial captive feasibility study, due diligence on a merger or acquisition, an opinion on risk transfer question, or multiple other issues, your captive will at times require an actuary.

Marsh’s Global Captive Solutions Group is the only captive management group that offers actuarial services in-house, saving you time, money, and paperwork.

The group comprises credentialed actuaries and supporting actuarial analysts. Our actuaries are members of the Casualty Actuarial Society (US), American Academy of Actuaries, and the Institute and Faculty of Actuaries (UK) and are qualified to certify loss reserves. They consult exclusively with captive and self-insurance programs in numerous global domiciles.

Professional Opinions Precisely Communicated

Our actuarial team works on your specific issues and delivers results to satisfy your management, directors, auditors, insurance regulators, and carriers. Whether you want a written document, a presentation, or a working computer model, our professionals provide solutions the way you need them.

You can be assured that our team will leave you with material that is:

  • Accurate.
  • Professionally prepared and presented.
  • Transparent.
  • Relevant.
  • Customised for your needs.
  • Precisely and effectively communicated.
  • Versed in your industry and exposures.

Services We Provide

Among the actuarial services we can provide to your captive are:

  • Loss reserve certification.
  • Loss funding and payout projection.
  • Ratemaking.
  • Captive feasibility study.
  • Retention optimisation.
  • Risk transfer opinion.
  • Premium allocation.
  • Commutation valuation.
  • Parent company self-retained liability analysis.
  • Merger and acquisition due diligence.
  • IFRS 17 valuations.
  • Solvency II Actuarial Function appointments (Europe only).

Our Documentation

It’s important for actuarial work products to be transparent, allowing all parties to appreciate the results, approaches, assumptions, and limitations. Marsh’s actuarial reports state the actuarial findings and clarify the methods, procedures, data, and assumptions.

All our account activity is documented in a custom application, Service Tracking. In doing so, it preserves knowledge in a way that:

  • Limits exposure to key person risk.
  • Reduces paper waste.
  • Manages business continuity risks.

Our Portability

Because they’re built around Microsoft Office programs, our analyses maximise value by providing portability both within Marsh and externally for clients and their partners.

Our Technology

Marsh’s secure web portal, MarshManagement.com, facilitates information sharing among Marsh’s experts, clients, and authorised third parties. The information on MarshManagement.com is accessible only by those you designate and your Marsh team.