Health Insurance Data Science & AI Careers About Contact Us INSURANCE SOLUTIONS Financial reporting Financial reporting Overview Insight Products Services Success by the numbers Evolving regulatory and financial reporting standards are challenging to interpret and implement. Milliman provides end-to-end support for Solvency II, IFRS, US GAAP, and LDTI. With decades of experience, we have the historical understanding, agency relationships, and tools and expertise to streamline and improve compliance. Contact an expert OVERVIEW Milliman financial reporting solutions Financial projections and reporting Accurate, actionable financial projections and reporting require sophisticated modeling tools and expertise in regulatory environments across the globe. We design and customize financial projection tools that help you understand the impact of pending changes on reserves and capital. With a clear, independent analysis of your financial situation and capital requirements, you can make strategic decisions built on top-quality projections. Learn more IFRS reporting Our sophisticated stochastic modelling tools can help calculate items such as discounting, risk margins, and the correlation between different lines of business for the preparation of financial statements in accordance with the latest IFRS accounting standards. We communicate concepts in a clear, concise, and informative manner so you can act on the information. Solvency II The EU Solvency II directive affects all operations that are at the heart of the insurance business: pricing, underwriting, assessment, risk management, assets management, internal and external reporting, and more. We are one of the world’s leading experts on Solvency II and approach these issues in a holistic fashion, helping you go beyond the basics and use modern modeling approaches to improve your business. Learn more INSIGHT Milliman financial reporting insight BRIEFING NOTE Solvency II Reporting: Year End 2019 and beyond Read more BRIEFING NOTE IFRS 17: Fair Value Approach to Transition Download PDF BRIEFING NOTE EIOPA consultation paper on the opinion on the 2020 review of Solvency II Read more ARTICLE IFRS 17: Where to from here? Download PDF RELATED PRODUCTS Milliman financial reporting products Financial modeling & industrialization Integrate Automate and accelerate actuarial modeling and reporting with a powerful, cloud-based solution. Learn more Solvency II reporting & compliance VEGA Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates. Learn more Solvency II compliance Solvency II Compliance Assessment Tool Monitor and assess compliance with Solvency II while creating an audit trail of completed work and a development plan for future actions. Learn more RELATED SERVICES Milliman financial reporting services IFRS insurance contract consulting Milliman Managed Risk Strategy Regulatory assistance and model reviews Solvency II We’re here to help Ask the tough questions. We’re ready for them. Contact an expert ABOUT Our Story Social Impact Media Center Office Locations Experts EXPERTISE Health Insurance Data Science & AI CAREERS Careers Home Our Work Experienced Hires Students & Grads Job Search ABOUT MILLIMAN For more than seven decades, we have combined technical expertise with business acumen to create elegant solutions for our clients. Today, we are helping organisations take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation. Copyright © 2021 Milliman, Inc. All Rights Reserved Copyright information Terms of use Privacy policy BE (English)