They need to add value in the boardroom and at a tactical level
The more voluminous the guidance, the more rigid a legislative framework becomes, says Hitesh Patel. And Solvency II's complex rules and capital requirements could make the insurance industry less transparent to investors and the general public.
Actuaries are being given the chance to play a central role in the running of insurance businesses. Do they have the right skills and will they seize their opportunities? Jessica Baylis reports.