12Jan
Announcing our new Lux office in KSA
Lux is proud to announce the official recognition of our KSA office by the Saudi Central Bank (SAMA). Lux was founded in Saudi Arabia in…
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10Jan
Lux Actuaries staff elected to leadership positions at The Actuarial Society of Kenya
Lux is proud to announce that two of its senior staff, namely Sahib Singh Khosla and Joseph Birundu who work for the Kenyan office, have…
Read more10Nov
IFRS 17: Risk Adjustment measurement approaches for GCC insurers
This first in a two-part series discusses the computation of the Risk Adjustment for IFRS17 with particular relevance to insurers in the GCC.
Read more05Oct
KSA Insurance M&As: Recent Developments & Expected Impacts
In this article we will review the recent developments and the expected impacts caused by the royal decree that was issued in the KSA on…
Read more28Sep
Saudi Arabia – Part Four: COVID-19 – Impact on IFRS Assumptions
In this article we will focus on Saudi Arabia and the economic crisis caused by COVID19.
Read more12Sep
Saudi Arabia – Part Three: Setting Assumptions for an IAS 19 Valuation of EOSB
This penultimate article in the Saudi Series considers the range of actuarial assumptions (financial and demographic) that are prescribed under IAS 19 and how these…
Read more24Aug
Saudi Arabia – Part Two: IFRS Implementation
In this second article of the Saudi Arabia Series, we will address the impact of the transition from local accounting standards to IFRS, with particular…
Read more11Aug
Saudi Arabia – Part One: Changing Landscape
Find insights on how the Kingdom of Saudi Arabia has reformed and evolved over recent years based on what is available in the public domain.
Read more27Jul
Reinsurance Assessment and Optimisation
Reinsurance Assessment and Optimisation There is a risk to insurance companies that claims experience is more volatile than expected and that a single large claim…
Read more21Sep
Interesting Data Presentation: European Refugee Crisis
This is an interesting data presentation, showing an interactive map of migrant origin and destination countries. You can look at individual countries or group them…
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