Aldo Balestreri
ISOA
Principal and Managing Director Italy & CEE
Milan, IT
Aldo Balestreri is principal and managing director for Milliman’s practices in Italy and Central and Eastern Europe, which includes the offices in Milan, Warsaw, Bucharest, Istanbul, and the satellite office in Nicosia, Cyprus that also serves the Greek market. His team also carries out insurance consulting missions in other parts of Europe.
Experience
Aldo is a life acturary, fluent in Italian and English. His experience includes M&A, financial reporting, asset liability management, Solvency II, and local and IFRS reporting.
Publications and Presentations
Aldo speaks at industry and professional meetings. He has published articles and papers about Solvency II, Risk Management, ALM, and Capital Management.
Professional Designations
- Member, Ordine Italiano degli Attuari (Italian Society of Actuaries)
- Member, AFIR and IIA (International Actuarial Association)
Education
- Degree in Actuarial Sciences and Statistics (maximum of marks), University of Rome “La Sapienza”
Publications
Read their latest work
Article
Milliman Climate Change Reporting Barometer
02 March 2024 - by Fanny Pouget, Jeremy Payen, Joanne Buckle, Adél Drew, Sinéad Clarke, José Silveiro, Aldo Balestreri, Tigran Kalberer, Menno van Wijk
We expect the gap to close between European (re)insurers, disclosures, and TCFD recommendations as a new format for sustainability reporting starts in 2025.
Article
Credit risk models in risk-neutral valuation of options and guarantees
19 August 2020 - by Grzegorz Darkiewicz, Ed Morgan, Aldo Balestreri
How are joint interest rate and credit risk for risk-neutral valuation typically offered by providers of economic scenario generators?
Article
Solvency II 2020 review
24 January 2020 - by Jessica Crowson, David Burston, Neil Christy, Stuart Reynolds, Aisling Barrett, Eoin King, Bridget MacDonnell, Kendall Carolissen, François de Wouters, Luca Cavaliere, Aldo Balestreri, Dominic Clark, Jaroslaw Lech
On 15 October 2019 EIOPA issued a second wave of consultation covering a wide range of areas.
Article
Transition to IFRS 17
19 June 2017 - by Aldo Balestreri, Sjoerd Brethouwer, Andrew Gilchrist, William Hines, Andrew Kay
This paper discusses the possible approaches to transition and the main challenges that (re)insurers will face during the transition to IFRS 17.
Article
La soluzione Milliman per la generazione di scenari risk-neutral
28 January 2013 - by Luca Cavaliere, Paola Luraschi, Aldo Balestreri
Per rispondere ai bisogni degli assicuratori, incluse le compagnie di piccola e media grandezza, Milliman ha sviluppato una soluzione robusta per la calibrazione di scenari flessibili e di alta qualità, offerta ad un costo ragionevole.
Article
Valuation of policyholder dividends in a market-consistent framework (Working Paper)
11 June 2012 - by Aldo Balestreri, Luca Cavaliere, Christophe Vallet, Takanori Hoshino, Takahiro Kinoshita
This report introduces modeling practices currently observed in France, Italy, and Japan in order to illustrate various issues that many companies are facing when modeling policyholder dividends under a market-consistent framework.