In this exclusive Q&A, we speak with Tak Lee, GC Regional Manager at RNA Analytics, about the evolution of the actuarial profession and the current dynamics shaping Hong Kong’s insurance market.
Read MoreRNA Analytics, a leading provider of actuarial and risk management solutions, has officially launched a large-scale project to revolutionize actuarial modeling through AI, reinforcing its position at the forefront of digital transformation in the insurance industry.
Read MoreThe 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.
Read MoreIn recent years, the insurance industry has increasingly focused on digital transformation, with significant changes underway across underwriting, claims, sales, and marketing operations. The actuarial function is no exception.
Read MoreApril 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.
Read MoreAuthored 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.
Read MoreAuthored 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).
Read MoreOn February 5th, RNA Analytics, a global insurance and risk management company, announced the signing of a Memorandum of Understanding (MoU) with Yonsei University, one of Asia's premier universities, for the training of experts in insurance and actuarial science.
Read MoreSeokho 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.
Read MoreA warm welcome to Ms. Eunkyung Yang joining us as Head of Consulting to the Seoul Office.
Read MoreWe sat down with Harry Kim, Group CEO, to learn more about how RNA Analytics was created, advice to customers transitioning to IFRS 17 and where he sees the future of Insurtech heading.
Read MoreIn this insightful interview, Graham Howarth, Chief Technology Officer at RNA Analytics, shares his expertise on harnessing AI to empower actuaries.
Read MoreRNA Analytics, Hyundai Marine & Fire Insurance, Kakao Insurance, Lina Korea, and Gia Actuarial Consulting will participate in the International Actuarial Association (IAA) AI Task Force (AI TF).
Read MoreIt 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.
Read MoreAuthored 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.
Read MoreRNA Analytics are pleased to announce we are holding regular online training courses.
Please note that these courses are designed for licensed users of the software.
Read MoreAuthored 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.
Read MoreIntroducing R3S Modeler; an innovative risk and actuarial software solution designed for insurance professionals.
Read MoreAuthored 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
Read MoreFunded reinsurance has been the subject of increased regulatory scrutiny in the UK and US over the last 18 months, but experts believe it will remain part of insurers' risk and capital management toolkit. Ronan McCaughey writes
Read More