RNA Analytics Limited

Our R3S IFRS 17 solution is designed to streamline compliance with advanced asset and  liability management tools. Whether developing models from scratch or refining an existing approach, R3S enables rapid and accurate IFRS 17 model development. Our comprehensive solution provides:  ✅ Comprehensive IFRS 17 Reporting  ✅ Accurate Asset & Liability Management  ✅ Minimal Data Manipulation  ✅ Scalable & Flexible Get in touch or visit our website for more information: https://lnkd.in/gje-pnA #IFRS17 #Insurance #Insurtech 

The introduction of the EU AI Act is set to transform how the insurance industry manages AI, particularly in how we utilise AI for risk management, claims, and pricing. This regulation brings the focus on AI systems and the potential risks they carry, especially for high-risk AI used in life insurance, health insurance and underwriting. Check out this The Insurer article to learn how the Act addresses both the opportunities for innovation and risks of AI and ensures that these technologies are used effectively and transparently. https://lnkd.in/eyWPbu2h #AI #Insurance #EUAIAct #Regulation

Are you heading to New York for the Insurance Risk & Capital Americas conference next week? So are we! Join us on 16 September, at InsuranceERM’s annual event which we’ll also be sponsoring! Come see us on our stand to discuss everything about enterprise risk management and how we can help insurers stay ahead in managing risk and the latest trends in the industry. It’s not too late to register! https://lnkd.in/eEJRvnhP analytics/posts/?feedView=all #Insurance #Risk #iermirc

Natural catastrophes are becoming more frequent and intense, threatening not only lives but also the economic stability of entire communities. Yet, only about 25% of climate-related losses are covered by insurance in Europe. To address the climate protection gap and build climate resilience, the Climate Resilience Dialogue, backed by the European Commission, proposes a new report with actionable steps. From increasing risk awareness to leveraging data and fostering public-private partnerships, the insurance industry has a pivotal role in closing this gap. Read more in this Actuarial Post article here: https://lnkd.in/ePiMN9gy #Insurance #Climiteresilience #riskmanagement #Europe

We're pleased to share our latest enhancement to our R3S Workflow Manager which takes financial risk modelling to new heights with seamless integration of the Numerix Economic Scenario Generator (ESG). This development offers a comprehensive, all-in-one solution for financial institutions, allowing for seamless scenario generation, enhanced data management, and advanced risk analysis. Find our more here: https://lnkd.in/erKjvw5m #Riskmanagement #Actuarial #Insurance

What’s considered ‘fair’ when talking about risk pooling in insurance? Fairness is typically determined by society, often indirectly through our elected officials or regulators. However, there is ongoing debate about whether this concept can be applied to other areas. In our blog, Nick Reilly, our Head of Business Development, UK and North Europe, explores what is fair when discussing insurance, and whether it can be extended to other areas. https://ow.ly/QiGv50T8tuy #Insurance #RiskPooling #Fairness

Our R3S IFRS 17 solution offers strong competencies for asset and liability management best-estimate calculations. Regardless of the expertise level, our reporting model is intended to enable insurers to rapidly develop their IFRS 17 compliance. Get in touch or visit our website below to find out more: https://ow.ly/NFAp50T8tsI #IFRS17 #Insurance #Reporting

As Gen Z enter the workspace, it’s time for the insurance industry consider how to deliver an experience that meets the needs of these young adults. This generation gains most of their information from social media and seek personalised experiences when buying products and services, which differs from targeting other age groups. Learn more in this InsuranceNewsNet article: https://ow.ly/xESV50T8trB #GenZ #Insurance #Services

We can’t wait until InsuranceERM’s annual Insurance Risk & Capital Americas conference in New York on 16 Sept! Join us to debate key aspects of enterprise risk management and how the risk function is repositioning itself as insurers navigate the latest trends and complex risks. https://ow.ly/zyfR50T8tpa #iermirc #Insurance #Risk