Belgium

Insurance 

As the insurance industry looks at ways to achieve sustained profitable growth, it faces a world of varied challenges in a period of uncertainty and ongoing crisis. Pressure is increasing as a result of continuously changing regulations and standards, including Solvency II and IFRS. Cost reduction and improving operational efficiency is also high on the agenda, often leading to mergers, acquisitions and divestments.

 

By using industry knowledge and understanding to develop our service offering, KPMG professionals are able to provide tailored and focused multidisciplinary services to respond to your challenges.

Simple Tabber Example

Today's challenges

for CFOs and CROs

  • Capital management - determining improved capital structure, especially for location, source and capital measurement
  • Enhancing value - overcoming market undervaluation of companies with multiple reporting bases, particularly in the Life sector
  • Climate change and the rise of natural catastrophes - magnitude of loss exposures and greater difficulty in modeling risk exposure

for COOs

  • Improving operational efficiency - from managing costs to increasing distribution channel efficiency
  • Complex product innovation - increasing variety of complex products, e.g., variable annuities

for CEOs

  • Consolidation - finding the right strategy and model for distribution channels,mergers, acquisitions and divestments
  • Heightened regulatory pressures and compliance requirements in multiple jurisdictions, including Solvency II, EEV, MCEV, and IFRS developments

for CHROs

  • Management quality - securing, keeping and developing the right people

for CIOs

  • Information technology - legacy-system integration & improvements to match regulatory and technological developments

Sector involvement

We believe our sector involvement is key to providing our clients with services adapted to the most recent trends.We therefore work closely with selected partners:

Why KPMG?

We offer more than 50 dedicated insurance team members in Belgium and more than 6,000 insurance professionals worldwide who are accessible to you through KPMG’s network and mobility program. Because your issues are rarely one dimensional, KPMG member firms’ professionals deliver the right complement of specialists – in audit, actuarial, tax, forensic, information technology, and more.

 ‭(Hidden)‬ hiddenbannercode

Karel Tanghe

Karel Tanghe

Partner Insurance

+32 (0)27084225

Workshops & Seminars

Video - Global Insurance Regulation