The new office is the first to be set up in Africa and will serve as the base for operations in Sub-Saharan Africa. Lux Actuaries & Consultants, an independent actuarial consultancy with offices in Abu Dhabi, Bahrain, Cyprus, Dubai, Greece, …
It is 2021 and we are still in the middle of a pandemic. We have already seen companies that managed to move forward successfully and others that are still struggling. What is then the path that leads to success? There …
With AI continuing to be a significantly disruptive force in various industries, there is an emerging trend in making use of alternative data sources when making strategic decisions in areas such as customer profiling and marketing. Alternative Data – What …
In a post-COVID19 world, insurance companies need to carefully consider the changing needs of policyholders. In this article we will be examining how innovation can help drive progress in the insurance industry. We also look at the role of governments, …
The subject of effective corporate governance and, more specifically, effective corporate risk management is by no means new. Examples of failed leadership at a Board level are however still as common if not more common than what should be …
Mega Brokers & Lux Actuaries and Consultants Greece: Complete range of insurance and actuarial risk management services. (26/10/2020) Mega Brokers and Lux Actuaries & Consultants Greece are entering into a strategic partnership with mutual benefits in the expansion of their …
In the drive to help the Gulf Cooperation Council (GCC) region adopt the new accounting standard for insurance contracts, Lux Actuaries & Consultants, the UAE based independent actuarial consultancy, has formed a strategic partnership with FIS’ Prophet team. Together, FIS …
Lux Actuaries & Consultants is proud to be re-awarded as the 2018 “Most Distinguished Actuarial Services Company” by the UAE Insurance Authority at the recent UAE National Day celebrations in Abu Dhabi. Lux was previously awarded this title in 2017. …
By Rakan Muawad, Actuarial Analyst, UAE Download the presentation pdf here The demand for actuarial students has increased significantly in the GCC, especially in Saudi Arabia. SAMA (Saudi Arabian Monetary Agency), the authority that regulates insurance operations in the KSA, …
Adoption of Ind AS 19 has become mandatory, from 1 April 2016, for all companies having net-worth of INR 500 crores or more. The holding, subsidiary, joint-venture or associate companies (‘affiliates’) of such companies captured by this new requirement …