At the heart of our insurance offering are our people — audit professional, tax consultants, actuaries and advisory consultants who think both practically and strategically to deliver long-lasting value. Our global insurance practice covers 80 global financial centres and provides financial advisory and tax services to many of the world's leading insurers. We are also involved in both professional and industry bodies and take an active role in pursuing regulatory, accounting and tax issues affecting the industry.
Our multinational team of professionals can provide a 360 service to all life, non life and reinsurance companies.
Our dedicated Actuarial practice combines technical knowledge and rigorous processes with wide-ranging commercial and market experience to provide progressive, high quality and flexible advice. Our team works across a wide range of areas, including risk management, regulatory, tax, advisory and accounting lines, providing the full breadth of services to our clients. We are also involved in both professional and industry bodies and take an active role in pursuing regulatory, accounting and tax issues affecting the industry.
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Solvency II is intended to create a framework within which European insurance and reinsurance regulation operates. Its introduction is a highly complex and challenging process and one which KPMG member firms have been heavily involved to date in assisting our clients.
The delays to Solvency II present insurers with an opportunity to step back and think about how they can fully embed risk management within the business.