At PKF Chile we focus on the evaluation and management of financial and insurance risks using mathematical and statistical models to meet the needs of our clients, with the support of professionals with extensive practical experience and academic background. This allows our clients to foresee and mitigate future risks, design financial products and ensure compliance with regulations, enabling the financial stability and sustainability of organizations.

Actuarial and financial valuation

Calculation of expected loss according to IFRS 9

– Probability of Default
– Loss Given Default
– Expected Credit Loss model

Estimation of reserves for the implementation of IFRS 4

– Mathematical reserves
– Risk reserves in progress
– Risk of insufficiency in premiums

Methodology design for the implementation of IFRS 17

– Insurance Contract Valuation Model (General Measurement Model – GMM or Building Block Approach – BBA)
– Simplified Valuation Model (Premium Allocation Approach – PAA)

Advanced statistical modeling

– Application of regression models
– Implementation of Bayesian statistics and credibility theory
– Use of stochastic processes and time series
– Simulations

PKF Chile is a member of PKF Global, the network of member firms of PKF International Limited, each of which is a separate and independent legal entity and does not accept any responsibility or liability for the actions or inactions of any individual member or correspondent firm(s).