News

This new year begins with an understandable trepidation as many countries around the world remain in the grip of national lockdowns, and people try to go about their personal and working lives under conditions that many of us have never before experienced.

As a new year begins, companies everywhere are taking stock after a widely challenging 2020. In the 10 months since the pandemic was declared, the world saw countries order nationwide lockdowns, close borders, send millions of staff home, and roll out a raft of other crisis management contingencies to keep people safe from the coronavirus.

With the end of the year in sight, it is an appropriate time to consider what we have achieved in the past 12 months, and where we are headed next. It's been a tumultuous year for insurers, and a great many challenges face us all as we head into 2021.

This year has thrown a great many challenges at an industry that was already in a state of flux. An uncertain economic environment, risky investment markets, high levels of competition between carriers, growing regulatory compliance pressures, and most recently the disruption caused by the coronavirus pandemic present a wide array of potential outcomes for insurers at a major crossroads.

Date : Wednesday, 2 December 2020

Time : 14:00-16:00 Japan standard time

Audience : Actuarial, Risk Management, IT and Enterprise planning person in Insurance companies

Attendees : 100 seats (Concurrent attendees)

Language : Japanese

RNA Analytics is proud to announce today the recent case study with Hollard Insurance (Hollard), South Africa's largest and privately-owned insurance group. Here, we detail how we deployed our innovative R³S software to transform automation process control and compliance performance, allowing the company to focus on actuarial analysis, profitability and customer satisfaction.

On-demand is in high demand: from the way we watch TV, to the way we pay for our smartphones, gym membership and now even car insurance - customers want to pay only for what they need, when they need it.

From conversations with our own clients, we know that insurers want more details on the risks and their impacts on the business – not only at a granular level, but also with pinpoint accuracy

On 27th July 2020, Soochow University and local actuarial society hosted an IFRS 17 seminar in Taipei, in which RNA Analytics successfully presented the experience on IFRS 17 system implementation.

New changes are fast approaching financial reporting. With the arrival of IFRS 17, a completely new set of standards, calculations and criteria will apply. Following the recent extension of the implementation date, insurers across the globe are re-evaluating the input needed to transition from the old frameworks to the new.

At RNA Analytics, we strive to stay true to our core expertise whilst simultaneously growing our offering [of products and services] as you grow yours. Adapting to evolving market conditions and embracing new technologies and skills is part of this commitment.

COVID19 is the single most important topic right now for people and businesses around the world, and uncertainty over the coming weeks and months means it will be top of the agenda for the foreseeable future.

Connecting data, systems and personnel is key to achieving compliance and enabling future business transformation.

Our actuarial and technical consultants can provide assistance with a range of tasks to help, implement, refine and enhance the use of actuarial and risk-based tools.

We are proud to announce that RNA Analytics has successfully completed the stringent Financial Supplier Qualification System (FSQS) certification process, a benchmark used by a community of 30 major UK banks and financial institutions to assess inherent risk when selecting suppliers.

Chareef Waithanomsataya has joined RNA Analytics as a sales director based in Thailand. He has more than 10 years of experience in the financial industry working at Bank and Consulting firms.

Kevin Hong has recently joined RNA Analytics as a Principal Actuarial Consultant.

RNA Analytics have been shortlisted for Best Solvency II Tech Solution at Insurance Asset Management Awards 2019!