Davies Financial & Actuarial

Welcome to Davies Financial & Actuarial! We are a leading firm of Consulting Actuaries located in Auckland, New Zealand. With our extensive experience and expertise, we provide a wide range of consulting services to the finance industry in New Zealand and New Zealand.

One of our key areas of specialization is in the Life Insurance Industry. We offer consulting services in product design, valuation, solvency testing, taxation calculations, and profit analysis. Our unique and powerful model office projection package allows us to quickly model any portfolio. In fact, our stochastic version of this package is the only one in the world that accurately integrates life, non-life acceleration, non-life free-standing benefits, and unit-linked savings accounts. We can also integrate an asset model based on the TY methodology.

In addition, we have extensive experience in the design, experience analysis, profit-testing, and valuation of disability and health products. Our team analyzes disability claim frequencies and terminations using standard disability tables tailored to each client's requirements.

We also provide consulting services to the Fire & General Industry. Our expertise includes product design, financial projections, management information systems, valuing long-tailed claims, and calculating IBNR reserves. Our annual survey on the financial performance of the New Zealand Industry is widely used and respected.

Furthermore, we offer consulting services to the Health Insurance Industry. Our strengths lie in product design and financial projections. Our powerful stochastic projection model allows us to model stop loss and excess of loss reinsurance programs, as well as premium payback benefits.

Additionally, we specialize in consulting services for the Accident Insurance Market in New Zealand. Our analysis includes closed blocks of accident claims from the privatised ACC market in 1999/2000, as well as the valuation of claims under the ACC's Partnership Programme. This enables companies to accurately accrue liabilities up to the hand-over point.

Our client list includes over 30 Life, Fire & General, and Health insurers in New Zealand, New Zealand, and the Pacific Islands. We also work with a significant number of large organizations participating in the ACC's Partnership Programme. Since our establishment in 1992, we have experienced rapid growth.

Our Principal, Peter Davies, brings a wealth of knowledge and expertise to our team. With previous positions as a Pensions Actuary, Deputy Actuary, Actuarial Manager, and Consultant, he has a deep understanding of the industry.

We invite you to explore our website and learn more about our services. If you have any questions or would like to discuss how we can assist your organization, please don't hesitate to contact us. We look forward to partnering with you to achieve your financial and actuarial goals.