Navigating ALM in South Korea Amid IFRS 17 Volatility

The implementation of IFRS 17 has introduced significant challenges for insurance companies in South Korea, particularly in the management of assets and liabilities. With increased volatility in liabilities, driven by market fluctuations and shifts in interest rates, insurers must adapt their Asset-Liability Management (ALM) strategies to remain financially stable.

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RNA Analytics
April is Financial Literacy Month

April is Financial Literacy Month, an annual event that began in the US in 2000, and was officially recognised by a Presidential proclamation in 2010. While it originated in the US, Financial Literacy Month has global relevance, and insurance plays a crucial role.

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RNA Analytics
IFRS 17 Reporting Update

Authored by John Bowers, Actuarial Product Director, RNA Analytics 

Fresh analysis from Fitch considers the current state of IFRS 17 reporting, revealing how close – or not – the standard has come to its original objectives of comparability and transparency.

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RNA Analytics
Solvency under scrutiny

Authored by John Bowers, Actuarial Product Director, RNA Analytics

The topic of solvency has garnered significant attention recently, with the results of a Europe-wide stress test shedding light on insurers’ positions in the bloc; the publication of the UK’s new Solvency regime; and the launch of the Prudential Regulation Authority’s 2025 Life Insurance Stress Test (LIST).

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RNA Analytics
Welcome to the team

Seokho Woo has joined RNA Analytics Seoul Office as a key addition to our growing team. Seokho brings with him over 30 years of extensive experience as a Chief Actuary and Risk Management Actuary, having worked with leading life insurance companies such as ING Life, Allianz Life, and most recently, Fubon Hyundai Life.

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RNA Analytics
RNA Analytics Leads the Way with Award-Winning Solutions in 2024

It has been a hugely successful year for us at RNA Analytics, and we’re thrilled to share that our hard work and dedication have been recognised not just once, but twice, by two highly respected industry bodies. We’re honoured to receive the ‘Actuarial Consultancy of the Year’ at the InsuranceERM Asia Pacific Awards 2024 and named ‘Risk Modeller of the Year’ and ‘Consulting Firm of the Year’ at the InsuranceAsia News Awards for Excellence 2024.

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RNA Analytics
2025 Prediction: New modelling approaches for a new year

Authored by John Bowers, Actuarial Product Director, RNA Analytics

As technology, society, and the world of work continue to evolve at an accelerating pace, finding time to reflect on these changes can be challenging. But, as Confucius observed, “it is wise to study the past if you would define the future”, and the turn of the year offers an apposite opportunity to pause.

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RNA Analytics
IFRS 17: No one size fits all?

Authored by John Bowers, Actuarial Product Director, RNA Analytics

It has been a long journey, but after many years in the making, a number of insurers made their first full set of reports in March of this year under IFRS 17.

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RNA Analytics
ALM: Shifting the balance

Authored by John Bowers, Actuarial Product Director, RNA Analytics

Insurance company's exposure to asset-liability mismatching risk has always been complex, but recent developments from across the regulatory, macroeconomic and investment landscapes have compounded the challenge, demanding specialised tools expressly designed for asset-liability matching in a dynamic environment

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RNA Analytics