Milliman is among the world’s largest independent actuarial and risk consulting firms, delivering market-leading services and solutions for clients for over 60 years worldwide. With a range of professionals including actuaries, technology experts and risk managers, we combine global experience with local knowledge to deliver thoughtful and cutting-edge solutions in partnership with our clients.

We have re-imagined actuarial modelling and reporting in the cloud, created innovative solutions for delivering valuable product features in a risk-controlled way, and developed a range of cutting-edge analytics and reporting tools to help management risk-manage their business. Helping firms to implement the right measures, models and mitigation strategies working in harmony with their culture, we help clients to reduce uncertainty of business delivery.

www.milliman.com

ACA is the professional association of the Luxembourg insurance and reinsurance sector. ACA was founded on 21^st December, 1956 and has 81 effective members (40 life companies, 30 non-life companies and 11 reinsurance companies) as well as 30 associated members.

ACA represents the interests of the insurance and reinsurance sector, at a national and an international level. It supports industry positions through technical research and in-depth expertise and examines all legislative, administrative, technical, commercial, social and fiscal issues affecting the industry.

ACA acts as employer’s association for the insurance sector and negotiates the collective labour agreements.

www.aca.lu

Arendt & Medernach is the leading independent business law firm in Luxembourg. The firm’s international team of more than 275 legal professionals represents Luxembourg and foreign clients in all areas of Luxembourg business law from our head office in Luxembourg and our foreign offices in Dubai, Hong Kong, London, Moscow and New York.

Our philosophy is expressed through our five values: vision – commitment – people – independence – energy. We strive for excellence in order to achieve the best results for our clients and we always look for creative solutions.

Our specialised practice areas allow us to offer a complete range of Luxembourg legal services tailored to the client’s individual needs across all areas of business law. Our firm advises international and domestic clients in all areas of business law relevant to their business activities, ranging from fund formation, banking, insurance, private equity, real estate to corporate and tax matters.

www.arendt.com

Mazars is an international, integrated and independent organization specializing in audit, advisory, accounting, tax and legal services. The Group operates in 73 countries and draws on the expertise of 14,000 professionals to assist companies – major international groups, SMEs, private investors – and public bodies at every stage of their development.

At Mazars we believe the best strategies are driven by collective intelligence. We see it as our responsibility to independently advocate financial and operating models that promote stability, quality, transparency, confidence and sustainable growth.

In a highly competitive and evolving market, insurers, reinsurers, pension funds and brokers are facing key challenges. Across Europe, Mazars specialist insurance teams help the world’s largest insurance players effectively manage ongoing changes.

www.mazars.com  

With 68,000 professionals in 40 countries, CGI is a leading global IT and business process services provider delivering high-quality business consulting and IT services across 11 industry verticals, and to 6 of the top 10 insurers in the world.

CGI has 3,500 members dedicated to the insurance industry, processes billions of premium dollars through hosted core insurance systems, and delivers millions of risk information products and transactions to the industry every year. Insurance is part of our DNA.

Our standalone pricing and rating engine, Ratabase®, is installed in more than 100 P&C and life insurers in Canada, the US and Europe.

www.CGI.com/insurance

The Microinsurance Network is a Luxembourg-based multi-stakeholder network of experts dedicated to improving access to affordable, effective and responsible insurance for vulnerable and low-income people in developing countries. Our mission is to promote the development and delivery of effective insurance services for low-income people by encouraging shared learning, facilitating knowledge generation and dissemination, and providing a global multi-stakeholder platform.

We strive to promote a world where people are better protected against the negative consequences of risk such as from health, environmental, asset and income-related shocks, thereby becoming more resilient to shocks and less vulnerable to poverty.

The Network is currently composed of 72 institutional members and 11 working groups focusing on areas as diverse as capacity building, health, insurance education and consumer protection.

www.microinsurancenetwork.org

Insurance Regulatory Capital (IRC) offers subordinated debt as a capital solution to mid-sized insurance companies. Sub debt is eligible as regulatory capital under Solvency II and is specifically constructed to be a hybrid instrument between debt and equity. 

As such, insurance companies receive all the benefits of debt (tax deductible, fixed rate, long term but finite) without the drawbacks of equity (dilution of control, expensive, high administration, non-flexible).  In addition, under new Solvency II guidelines sub debt instruments are designed to alleviate financial pressure in times of stress.  With the Solvency II deadline looming demand for subordinate debt is increasing rapidly.

IRC’s subordinated debt product is tailored to match the requirements set out in the regulations for Tier 2 capital under Solvency II.

www.insuranceregcap.com