Captive Insurance | Nicholas Actuarial Solutions | Labuan

NICHOLAS ACTUARIAL SOLUTIONS

CAPTIVE INSURANCE PRACTICE

We provide solutions to captive insurance companies. In 2018, we were a nominated finalist as Asia’s top actuarial firm in captive insurance. We understand how best to utilize captives to meet and exceed financial objectives.

business & strategic planning

pre-formation assessment
business review
business planning
tax review
insurance programme review
risk management review
feasibility study
domicile planning
cash flow projection

actuarial & financial reporting

actuarial valuation
liability adequacy test
internal reporting
statutory reporting
tax reporting
stock exchange reporting
value reporting
financial conditions reporting
transfer pricing
IFRS 4, IFRS 17, US GAAP

enterprise risk management

enterprise risk management (ERM)
key risk assessment
compliance review
reinsurance optimisation
economic capital modelling (ECM)
statutory capital modelling
risk based capital (RBC)
own risk solvency assessment (ORSA)
internal capital model (ICM)

Practice Leader

PRACTICE LEADER

Nicholas Yeo FIA FASM FSA FSAS AIIA

Founder & Actuary

Nicholas leads the Captive Insurance Practice at Nicholas Actuarial Solutions.

Nicholas founded Nicholas Actuarial Solutions in 2015, a leading actuarial firm in Asia. He is an actuary with exceptional business acumen and a global perspective. His clients and his organization benefit from his strong grasp of strategic, operational and risk management aspects of the business.

Nicholas has developed various technology and software application including IBNR Robot, ReACC Robot, PET Robot, LRC Robot, LIC Robot, and PAA Robot. Nicholas also has significant experience in captive insurance, offshore insurance, robotic process automation, artificial intelligence and data analytics.

Nicholas has 18 years experience in actuarial work including life insurance, family takaful, general insurance, general takaful, employee benefits, pension, medical insurance, reinsurance and insurtech startups. Nicholas held appointed actuary and signing actuary roles in various jurisdiction across Asia.

Nicholas is a Fellow of the Institute and Faculty of Actuaries (UK) and a Fellow of the Society of Actuaries (US). He is a past Council Member of the Society of Actuaries’ Entrepreneurial & Innovation Section. He is also a past Chairperson of the Professional Development Committee and Events Committee of the Actuarial Society of Malaysia. Nicholas graduated from Bayes Business School with First Class Honours in BSc Actuarial Science. He is an Associate Member of the Institute of Internal Auditors Malaysia and holds a Certificate in Finance and Investment (CFI) from the Institute and Faculty of Actuaries (UK).