Business by Numbers
Organisations are challenged with new emerging risks as they seek profitable growth and attempt to maximise the return on capital by undertaking the risk adjusted opportunities to deploy the capital. Despite the often VUCA (volatile, uncertain, complex, ambiguous) environment around us, business leaders have to take control and make informed decisions based on effective, analysed and up-to-date data.
The Deloitte’s Actuarial Services Team focuses on implementing complex data intensive techniques for industries with a controlled cycle approach to design an effective risk management and performance goals in a changing world. As an example, the upcoming IFRS 17 and Insurance Capital Standard (ICS) would require an enhanced qualification and quantification process to manage the future insurance business. Contact us to find out more.