Develop the perfect pricing strategy for insurance premiums with our professional expertise.
Consulting to Insurance Companies

At KGA, we provide professional actuarial advisory services to insurance companies in India in the life insurance, non-life and the health insurance segment.
It is imperative for insurance companies to ensure that the premiums charged and collected from the policy holders are adequate to cover the costs of settling claims at the later stage. At KGA, we have qualified and experienced actuaries who have a sound understanding of the insurance industry, the technical know-how and the operational issues that impact them. As an Insurance Actuarial Consultant, we analyze the probable risks and outcome for making claims by the policy holders and devise the product and pricing strategy for our clients. We also advise our clients on the strategic investment opportunities for these funds so as to gain optimum returns. Our integrated approach and service is customized to suit our clients’ needs.

Life Insurance
- Statutory Reserving and Reporting
- Product Design and Pricing
- Embedded Value Evaluations
- Mergers and Acquisitions
- Model Process Audit and Review
- Risk Based Capital Valuations
- Asset Liability Modelling
- Liability Adequacy Testing
- Peer Reviews
- With Profit Committees
Non-Life Insurance
- Annual Valuation of Reserves i.e. IBNR/URR/AURR
- Financial Condition Reports
- Asset Liability Management
- Regulatory Reporting and Compliance
- Solvency Monitoring and Risk Management
- Management Briefings on Underwriting, Reinsurance, Claims Settlement, etc.
- Product Pricing and Certification
- RBC Valuations
- Loyalty program valuations (Credit cards/petro points etc.)
- Warranty Pricing and Valuation
- Security Deposit Refund Valuations
- Credit Guarantee Liability Estimations on Loans