An interview with Angie Edmunds

RNA continues to invest in the expert in-house consultancy to fortify our software offering; and to serve our growing non-life insurance client base, we have expanded our team of non-life experts, taking our offering to re/insurers across the globe.

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RNA Analytics
Welcome to the team!

We are thrilled to welcome Seungjin Han to RNA Analytics as the Head of APAC Life Consulting. Seungjin brings a wealth of expertise to our team, holding a Ph.D. in statistics and boasting 14 years of experience in areas such as pricing, economic capital modeling, machine learning, IFRS17, K-ICS, reinsurance strategy, solvency and capital management, and ORSA.

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RNA Analytics
A step change in nested stochastic modelling

At a time when the demands placed upon insurers by regulators have exploded, and the availability of data and computational power offered by software providers and modellers have grown, a major step change in the development of nested stochastic modelling is emerging.

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RNA Analytics
Inflation will create a paradigm shift for insurers in 2023

As we head into 2023, a high inflationary environment will reduce profit margins for many insurers. In Europe, inflation jumped to 8.9% in July 2022, the highest in the last 25 years. This, according to GlobalData will hurt the profitability of general insurers into 2024, as premium growth slows and average cost per claim rises, with the greatest impact expected to be felt in property, motor and specialty lines.

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RNA Analytics
Web3 and insurance

The shift to Web3 will be a non-linear process of uncertain length, but for insurance, as the backbone to innovation (from the oldest maritime insurance contracts to innovative space coverages) the work to consider the risks and opportunities begins now.

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RNA Analytics
R³S Software Suite 4.0 Release

Version 4.0 release brings many new enhancements, such as most live models being able to be run using the MPI distribution for users with the R³S Enterprise option and significant enhancements to reading in assumptions from external sources.

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Neil Collins
Embracing Change: Revolution and Regulations

Digital transformation within the insurance industry continues to create opportunities for carriers and insures alike. An explosion of information and increased connectivity is improving outcomes across the entire value chain, as new data points are leveraged for mutual benefit.

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RNA Analytics
Embracing change

IFRS 17 is changing the way that non-life insurers measure their liabilities – both in terms of methodologies and assumptions. Carriers are developing systems for this change, and some reserving processes may need to be fundamentally altered.

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RNA Analytics