TRUE SOUTH ACTUARIES & CONSULTANTS

 

Built on integrity and excellence

We are a boutique consultancy that offers actuarial services to a wide range of companies and insurers

Our Services

What We Can Do For Clients

Second largest provider of statutory actuarial services in South Africa

professional &
industry
involvement

Members of our team serve on a number of ASSA Committees, are involved on the FSB’s SAM structures (Governance, Pillar 2) and members of the Microinsurance Working Group of the International Actuarial Association.

Long- and short-term
insurance

Statutory appointments, SAM pillar I calculations and optimisation, SAM pillar II risk management and ORSA support, SAM peer reviews, product and valuation support to in-house actuarial teams, commissioned research and business plan support on new licence applications.

Warranty /
guarantee schemes

Appointed actuaries to four major German car brands operating in Southern Africa. Liability valuations, pricing, assessment of capital adequacy, IFRS 4 Phase 2 migration assessments.

Compensation
schemes

Valuation and pricing services required by statute to national schemes for workers’ compensation, road accident compensation and unemployment, strategic pricing and modelling support to Government.

Medical schemes /
administrators

Strategic support to principal officers, outcomes and performance measurement for both schemes and providers, provider price negotiations, HIV incidence estimation, medical scheme pricing and IBNR calculations.

Damages
calculations

Experienced in quantification of loss of income, loss of support, deceased estate and other third party compensation claims.

IFRS 17

Methodology development and implementation with related documentation for audit sign-off. This involves contract classification, gap analysis, model development, and transition.

Our Team

Paul

Paul

Francois

Francois

Jasmin

Jasmin

Henk

Henk

Gerhard

Gerhard

WS

WS

Brad

Brad

Aleshan

Aleshan