Modelling and Valuations

Modelling and valuations are crucial components of actuarial practice in the insurance industry, enabling companies to assess risks, make informed decisions, and determine the financial implications of various scenarios.

We support corporate actuarial teams in conducting life insurance business valuations, including statutory valuations, by collaborating closely with statutory actuaries who handle calculations and reconciliations. Our expertise blends theoretical and practical knowledge with proficiency in valuation software, enabling us to provide valuable insights and meet deadlines effectively.

Our services encompass the calculation of fair values for share options, adhering to the guidelines outlined in IFRS 2 – Share-Based Payments. We specialize in analyzing and factoring in the Relative Total Shareholder Return condition in long-term share incentive schemes.

Our team conducts independent actuarial valuations for various employer liabilities, including Post-retirement Medical Aid Benefits, Severance Packages, and Long-term Service Awards. These valuations adhere to the guidelines set forth in IAS19, the International Financial Reporting Standard on Employee Benefits, while also considering APN301, the Advisory Practice Note for the valuation of Post-Employment Health Care Benefit Plans. By following these standards and practices, we provide accurate and comprehensive assessments of these liabilities for financial reporting purposes.