Skip to content
MagellanEtudataContact
Our service offeringOur services

Services

Strategic and actuarial consulting.

Mergers and acquisitions, licensing, European public affairs, product design, ancillary own funds, pricing, reserving, French retirement indemnities (IFC), prudential calculations and reporting, etc.

  1. 01

    Strategy consulting

    Senior management and board chairsBusiness combinations, substitution arrangements, forming or leaving a prudential group, and organisational change, alongside senior management and board chairs.
  2. 02

    Mergers and acquisitions

    25 transactionsDue diligence, valuation and regulatory applications, for buyers or sellers.
  3. 03

    Insurance licensing

    12 assignmentsPreparation of life and non-life insurance licensing applications in France, Malta, Luxembourg and Cyprus, with support through to the supervisory decision.
  4. 04

    Issuing subordinated own funds

    17 issuesPerpetual and fixed-term subordinated securities and mutual certificates, from structuring to investor presentations.
  5. 05

    Ancillary own funds

    9 assignmentsApplications for ACPR approval of ancillary own funds.
  6. 06

    Recovery plans

    8 assignmentsRecovery plans or finance schemes submitted to the ACPR, supported by solvency projections.
  7. 07

    Coinsurance and reinsurance treaties

    Negotiation and draftingStructuring, negotiating and drafting proportional and non-proportional treaties.
  8. 08

    Product design

    Cover, pricing and launch documentationDesigning life and non-life products, from the cover to the launch documentation.
  9. 09

    Pricing and reserving

    Life and non-life, year-end valuationsPricing reports, technical provisions and year-end valuation documentation.
  10. 10

    Tender support

    Managing the entire submissionPricing the offer and preparing the complete tender submission within the specified deadline.
  11. 11

    Prudential calculations and reporting

    15+ organisations supportedSolvency calculations, preparation and review of QRTs and French national reporting templates (ENS), summary notes and discussions with audit and risk committees.
  12. 12

    Support during ACPR inspections

    20+ assignmentsAnalysis of requests, preparation of supporting documents and responses, and follow-up on the supervisor’s findings letter.
  13. 13

    European public affairs

    12 years of work on the Solvency II reviewRepresenting interests before the European Parliament and Commission on legislation affecting insurance.
  14. 14

    French retirement indemnities (IFC)

    Actuarial valuation and monitoring of employee benefit obligationsValuation of retirement indemnity obligations, actuarial assumptions and documentation for the financial statements.
  15. 15

    Internal audit

    Audits of governance, processes and delegated managementAudits of governance, premium and contribution collection, claims handling and complaints management, outsourcing and delegated management: process review, findings and action plan, for the board of directors or on behalf of the internal audit function.
  16. 16

    Training

    Board members and staff, from two-hour sessions to two-day coursesORSA, risk management function, first term of office in a mutual, regulatory update, pricing, actuarial function: two-hour sessions before or after a board meeting, half-day, one-day or two-day courses. References: Caritat, FNMF, FNIM.
  17. 17

    Prudential groups

    Creating, joining and leaving mutual insurance groups (SGAM, UMG, SGAPS)Articles of the parent entity, affiliation agreements, governance rules proportionate to each member's contribution, financial solidarity mechanism; support for joining a prudential group and for leaving one.
  18. 18

    Substitution between mutuals

    Substitution agreements and exit from substitutionDrafting and negotiation of substitution agreements, assessment of the liabilities taken over and of the financial terms, organisation of the exit from substitution and of the return to a licence of one's own.
  19. 19

    Complex reserving

    Increasing-risk provisions, long-term care, annuities and long-tail claimsValuation and documentation of technical provisions outside standard methods: provisions for increasing risks, long-term care liabilities, disability and incapacity annuities, long-tail claims, under French GAAP and as best estimate.
  20. 20

    Recruitment for key positions

    Effective managers, key function holders, actuariesJob definition, technical assessment of candidates, support in preparing the notification file (propriety, competence, availability) and assistance during the first months in office.
  21. 21

    Redundancy plan

    Economic and technical justification of a redundancy planQuantification of the difficulties and projections, documentation of the economic grounds and of the measures envisaged, support to management and the board in the dialogue with employee representatives and the administration.
  22. 22

    Actuarial reports

    8 assignments per yearDrafting and review of actuarial reports: analysis of provisions, data and assumptions, opinions on underwriting and reinsurance, recommendations and presentations to audit and risk committees.
  23. 23

    SFCR/RSR and ORSA reports

    8 assignments per year on averageDrafting of SFCR, RSR and ORSA reports, reconciliation of financial and prudential information, preparation of presentation materials and discussions with audit and risk committees through to completion of the documents.
  24. 24

    Solvency II diagnostic

    Three pillars, one action planA review, within a few weeks, of the prudential balance sheet and solvency capital requirement, the system of governance and the reporting, with a prioritised action plan and benchmarks against undertakings of similar size.
  25. 25

    Outsourced key functions

    Actuarial function and risk management functionOutsourced holding of the actuarial function or the risk management function: notified key function holder, annual work programme, reports and opinions to the board, under a compliant outsourcing agreement.
  26. 26

    Written policies

    A consistent set, reviewed every yearDrafting or overhaul of the written policies required by Solvency II, based on the undertaking's actual practices, with a common architecture, an annual review calendar and a monitoring table for the board.
  27. 27

    Technical portfolio monitoring

    Quarterly or half-yearly, presented to the boardClaims dashboards for health and protection portfolios: loss ratios, frequencies and average costs, insured populations, drifts by cover and by product, with a reading intended for management and the board.
  28. 28

    Renewal pricing and indexation

    Every autumn, a documented decisionPreparation of the annual indexation of health and protection contracts: claims analysis, costing of regulatory measures and cost transfers, indexation proposal per contract and supporting arguments for policyholders.
  29. 29

    Health and protection rating tables

    Building and updating the tablesConstruction or overhaul of health and protection rating tables: segmentation by age, statutory scheme, area and family composition, frequency and average cost models, loadings and margins, data quality checks and tests before deployment.
  30. 30

    Project management assistance for employee benefit schemes

    Public and private employers, from specifications to contractAssistance to employers setting up or renewing their health and protection schemes: diagnostic of existing cover, definition of benefits, drafting of specifications, analysis of bids and contract monitoring.
  31. 31

    Independent actuarial review

    Second opinion on reserves, pricing and modelsIndependent review of technical provisions, pricing, prudential models or business plans, at the request of the board of directors, the statutory auditor, an acquirer, a reinsurer or an authority.
  32. 32

    Portfolio valuation and negotiation

    Embedded value, adjusted net asset value, brokerage portfoliosValuation of an insurer, a mutual, a portfolio of contracts or a brokerage firm by embedded value, adjusted net asset value or multiples, and participation in negotiations on behalf of one party or as joint expert.