Technical perspectives, regulatory updates, and quantitative analysis from the ERMS advisory team.
IBNR is often described as a technical reserve calculation, but its underlying concept is far more interesting. This article explores why claims reserving is, in many ways, the science of predicting the past, and how historical development, actuarial judgement and back-testing help estimate liabilities arising from events that have already occurred
Read Article →An interactive ERMS dashboard tracking selected listed Omani insurers using publicly available financial disclosures, with a focus on revenue scale, profitability, capital position, company movement, and basis-controlled market intelligence.
Read Article →Artificial intelligence creates risk both when insurers use it without control and when they avoid it completely. The winning position is controlled adoption: using AI where it creates value, governing it where it creates risk, and keeping accountability clear
Read Article →AI is making actuarial work faster, but speed alone is not the objective. The real opportunity is controlled acceleration: using AI to support investigation, documentation, review, and decision-making while preserving actuarial judgment, governance, and reliability. The strongest actuarial teams will not simply automate faster; they will build faster processes that remain explainable, controlled, and trusted
Read Article →Medical inflation remains a major challenge, but it is rarely the entire story. Advanced analytical approaches can help insurers uncover the underlying drivers of portfolio performance and support better decision-making.
Read Article →The PAA LRC issue is often less about theory and more about data, system design and close-process evidence. IFRS 4-style balances such as UPR, DAC and premium receivables may help reconcile the result, but they do not replace a controlled IFRS 17 PAA roll-forward by group and cohort
Read Article →Many companies expect the IAS 19 liability to match their legal gratuity calculation. In practice, they often differ. This article explains why, and what finance teams should understand about salary growth, discounting, expected exits, and actuarial valuation under IAS 19
Read Article →IAS 19 end-of-service benefit obligations can move materially when discount rates change. This article explains why discount rate governance matters across GCC and MENA markets, how the liability is affected, and what finance teams should review before year-end or interim reporting
Read Article →IFRS 17 readiness is not about producing numbers, but about whether those numbers are shaping how the business is managed
Read Article →How IFRS 17 introduced a financial-market dimension to P&C reserving in MENA, making reserve movements increasingly sensitive to discount-rate changes rather than only underwriting or claims experience.
Read Article →Arabic article exploring how IFRS 17 implementation challenges increasingly stem not from producing numbers, but from governance weaknesses, limited transparency, and the erosion of institutional understanding behind reported results.
Read Article →Why technically sound actuarial work in MENA often remains underused in management decisions, and what organizations can do to close the gap between compliance output and strategic impact.
Read Article →As IFRS 17 environments mature, some PAA setups are revealing a quiet dependence on IFRS 4 operational logic, actuarial overlays, and external judgment rather than fully embedded measurement rationale.
Read Article →Why IFRS 17 compliance can weaken when technology, outsourcing, or internal models are not supported by clear governance, reproducibility, and management ownership.
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