01 / CAPITAL
Solvency and long-term insurance liabilities
Medium-size US primary insurer. Transferred biometric and investment risk to a Bermuda reinsurance vehicle, delivering an immediate improvement in ROE and capital.
Independent actuarial, reinsurance & financial advisory
Technical expertise.
Commercial perspective.
Actuarial Risk Solutions (ARS) is an independent advisory firm for insurers and reinsurers facing capital, reinsurance and transaction decisions that must stand up to the board, the regulator and the market. We combine rigorous technical analysis, transaction experience and commercial judgment to deliver advice you can defend.
Explore our expertise →Request a confidential discussion →Our expertise
Reinsurance & Structured Risk Transfer
Designing, evaluating, negotiating and executing traditional treaties and structured reinsurance solutions addressing insurance risks, long-term liabilities, financial guarantees and capital requirements.
Capital & Financial Advisory
Helping insurers and reinsurers assess solvency, improve capital efficiency, evaluate financial alternatives and strengthen risk-adjusted performance.
Actuarial & Risk Consulting
Advanced actuarial modeling and data-science-based analysis, including machine learning methods, for valuation, pricing, reserving, financial reporting and risk management.
Strategic Transactions & Advisory
Financial analysis, due diligence, transaction structuring and execution support for insurance-related strategic initiatives.
Selected advisory experience
Experience grounded in insurance economics
Our work addresses technical, financial and commercial questions facing insurers and reinsurers. The examples below describe representative areas of advisory work without identifying clients or disclosing confidential matters.
02 / RISK MANAGEMENT
Reinsurance treaty review
Small MENA insurer. Reviewed its portfolio of long-term reinsurance treaties against strategic targets for its medical expense (Medex) portfolio, then renegotiated or commuted several non-aligned treaties, improving economics and reducing administrative complexity.
03 / ACTUARIAL
Insurance portfolio analytics
US pet insurer. Applied machine learning to proprietary and market data to review product offering, pricing and reserving, leading to pricing and plan-design changes that improved competitiveness.
How we engage
Clear terms. Senior accountability
Senior-led
Every engagement is led by a senior principal accountable for the work, with specialist professionals engaged where needed.
Defined scope
We agree the questions, deliverables, timetable, team and fee basis before work begins.
Through execution
From independent analysis to negotiation and implementation support, according to each client’s requirements.
Insights & Perspectives
Ideas informed by practice
Selected commentary on risk transfer, capital and insurance financial reporting.
Reinsurance & Capital
Your Longevity Swap Is Working. So Why Is Required Capital Going Up?
A longevity hedge can improve economic risk without producing a corresponding reduction in Solvency II capital. The analysis explains the ORSA–SCR distinction and the role of swap structure and basis risk.
Michael Yarmish · ARSRead on LinkedIn ↗
Funded Reinsurance
Collateral Arrangements in Funded Reinsurance
Collateral design is integral to funded reinsurance economics and counterparty protection. This commentary considers how collateral arrangements influence transaction resilience and risk allocation.
Michael Yarmish · ARSRead on LinkedIn ↗
IFRS 17 & Solvency II
Risk Margins: A Closer Look
The Solvency II risk margin and IFRS 17 risk adjustment serve different purposes. Their interaction matters when evaluating reinsurance, financial reporting and capital outcomes.
Michael Yarmish · ARSRead on LinkedIn ↗
International collaboration
Global reach.
Integrated expertise.
ARS draws on an international network of actuarial, insurance, reinsurance, finance, investment and regulatory professionals, engaged as each assignment requires. ARS leads every engagement and remains accountable for the work. Our collaborative model brings together specialist capabilities across disciplines and jurisdictions, tailored to each client’s circumstances.
We combine the responsiveness and independence of a specialist advisory firm with access to expertise extending beyond any single discipline or market.
About ARS →Start a conversation
Let’s discuss the decision in front of you
Whether you are weighing a transaction, a reinsurance structure or a capital question, we are glad to begin with a confidential conversation.
Contact ARS →