Insurance

Capital modelling and validation

Capital modelling is a powerful tool for understanding risk profiles and making better business decisions, in addition to calculating regulatory capital.

Capital models govern how rating agencies and regulators assess financial strength. But they are also a valuable tool in deploying your capital in a way that supports your strategy within well-defined risk appetites.

Our capital modelling and independent validation helps clients to use their models with greater confidence and to meet regulatory requirements efficiently. We help clients cut through model complexity and put their board in a strong position to understand, challenge and use the model.

InsurSight

Helping you spot early warning signs and avoid reserving surprises

InsurSight is our award-winning analytics and automated trend identification platform for general insurance companies.

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Annual reserving seminar

On demand webinar

What does a good reserving process look like in 2024 and beyond?

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Solvency II: Navigating evolving and emerging risks

Our seventh annual review of the Solvency II public reporting for 100 of the top UK and Irish non-life insurers provides insights into the financial strength of the insurance industry, including the impact of inflation, the Russian invasion of Ukraine, and other key emerging risks.

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The risk function of the future

In this report, we present a blueprint for the risk function of the future – a team that fuses the power of automation, analytics and AI with human judgement and strong relationships.

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Insurance Uncut

LCP's podcast about insurance

Join show hosts Charl Cronje, Jessica Snowball and guests to discuss key issues impacting the general insurance market.

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Optimal use of capital is crucial to sustainable underwriting success

We can help clients to:

Gain assurance on the reliability of their capital model via independent validation.
Bring together the capital model, reserving and underwriting views of the business to enable joined-up strategic planning.
Challenge their measurement of key risk areas via deep dive reviews.
Better align their capital modelling with risk appetites.
Incorporate emerging risks more effectively in their capital assessment.
Build new capital models (or add functionality) and review software platforms and processes.
Perform periodic under-the-hood assessments of their capital model’s effectiveness.

In recent years, we have supported over 80 insurers with assessing their economic capital requirements, including through independent model validation.

Our comprehensive capital modelling benchmarking studies offer clients the opportunity to measure themselves against the market and identify areas for improvement. And our Heads of Capital and CRO roundtable communities give clients a live sounding board to gain insight from both LCP experts and market peers.