Actuarial models are the backbone of any life insurance company. The output from actuarial models is used for regulatory valuations, capital calculations, financial reporting, risk management and many other strategic purposes. Our consultants Rohit Malhotra and Subhash Khanna discuss the dwindling longevity of actuarial models as new products, regulations, and reporting standards are introduced at a rapid pace.
This article was originally published in the May 2024 issue of the Asia Insurance Review.