10May
Financial Condition Reporting project
Lux started working with this UAE based insurer early 2017, when major changes to the Company began. At the time Lux became the Appointed Actuary,…
Read more
Our blog
Category: General Insurance
27Nov
UAE Regulator Awards Most Distinguished Actuarial Company
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…
Read more10May
IFRS 17 project
With the launch of International Financial Reporting Standard no 17 (“IFRS 17”) by the IASB in 2017, there has been a sense of urgency from…
Read more10May
Quota Share optimisation project
A company, under capital strain due to fast premium growth, asked us to consider what proportion of their motor portfolio should be ceded to minimise…
Read more10May
Motor Pricing Project
One of our existing clients for whom we work on quarterly reserving requested us to conduct a monitoring and product development exercise on their Motor…
Read more10May
Reserving project
We performed reserving for all lines of business for a UAE based insurer as per the requirement of the Insurance Authority (“IA”). The report is…
Read more30Nov
Are Turkish insurers swimming in shark-infested waters?
When one looks at the favorable indicators of economic growth, young generation demographics and low insurance penetration in Turkey, it is easy to understand why…
Read more21Sep
UAE Market Stats: A Cloudy Forecast
Strong growth and deteriorating performance are still the backdrop of a market that’s only recently started on a trajectory towards more onerous regulation.
Read more