Richard de Haan

Richard de Haan

Richard de Haan is a partner and leads the life aspects of PwC’s actuarial and insurance management solutions practice. He provides a range of actuarial and risk management advisory services to PwC’s life insurance clients. He has extensive experience in various areas of the firm’s insurance practice, including:

• Risk management and mitigation
• Reinsurance
• Capital and surplus relief structuring
• Actuarial modernization, including target operating models, roles and responsibilities, process and efficiency enhancements, actuarial infrastructure and modeling
• Mergers and acquisitions, including actuarial appraisals, purchase GAAP, due diligence and post-merger integration
• Strategic assessments of new markets, channels, lines of business
• Life insurance securitization and life settlements
• Economic and embedded value implementation and reporting
• Auditing GAAP, IFRS, statutory and tax financial statements
• Financial modeling
• Customer analytics
• Mortgage and reverse mortgage programs

He received a bachelor of science degree in mathematical statistics and actuarial science from the University of Witwatersrand in South Africa. He is a fellow of the Society of Actuaries (FSA), a fellow of the Institute of Actuaries in the UK (FIA) and a member of the American Academy of Actuaries (MAAA).

Recent Articles by Richard de Haan

Modernizing Insurance Accounting — Finally!

Modernization of insurance accounting is finally here. The FASB issued its final guidance on enhanced disclosures for short duration contracts in May 2015 and published an exposure draft in September 2016 on targeted improvements to the accounting for long-duration contracts. After literally decades of deliberations, the IASB has completed its most recent exposure draft and […]

Modernization: IT Enables the Future

Finance functions and actuaries face regulatory pressure to enhance reporting, markedly improve response times and provide increasingly demanding business partners with better and more actionable information about their businesses. Advanced analytics from IT improvements will help achieve the strategic objectives. Naturally, insurers should provide themselves with the best reporting platform they can reasonably afford. However, […]

The Case for Modernizing Insurance

Several drivers of change are compelling insurance companies to re-evaluate and modernize all aspects of their business model and operations. These drivers include new and rigorous expectations from regulators and standards, increasing demands for more relevant and useful information, improvements in analytics and the need for operational transformation. The modernization creates considerable expectations for finance, risk and […]

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