The Actuarial Function also provides advice and expresses opinions on various aspects, including the Group underwriting risks and the technical reserves, Group solvency (current and prospective), aspects connected to the asset and liability management, reinsurance policies and other risk mitigation techniques and the Group reinsurance programme considered as a whole, including reinsurance agreements and other forms of risk transfer or other risk mitigation techniques. It also contributes to the effectiveness of the risk management system.
The Actuarial Function may also be requested to intervene when defining the strategic plan and for specific business requirements.
