Services in the area of property and casualty insurance are provided by BELTIOS P&C GmbH, a separate entity independent from BELTIOS GmbH.
BELTIOS P&C’s main focus is on the classical non-life actuarial areas of
- Risk modelling
as well as the processes and workflows related to these activities. Our clients include primary insurers, reinsurers and captives.
Regulatory regimes such as Solvency II or Swiss Solvency Test (SST) require actuarial valuation and risk modelling to be integrated into risk management as well as accounting and reporting processes. In a constantly changing environment, new challenges keep arising, for instance related to IFRS 17. We at BELTIOS P&C support our clients both on the actuarial side and on the embedding of new processes into the landscape within the actuarial department and beyond.
Similar risk-modelling techniques can be applied to the benefit of medium-sized and large industrial enterprises in order to analyse the existing insurance programme, define the risk appetite and test alternative insurance scenarios for optimisation. A meaningful use of actuarial methods requires a certain amount of claims experience as data basis, i.e. a history of a certain number of individual losses. We assist our customers throughout the entire implementation, starting from the conceptual phase and establishment of data sources and ending with the model calibration and management reports.
Our clients benefit from the comprehensive experience of an established team and our focus on technically sound and customised solutions.