CFRO Agenda 2.0: Risk, Actuarial, Data, Accounting, Regulatory
The CFRO role in insurance companies is increasingly marked by a convergence of finance and risk responsibilities, as well as by international regulatory bodies in the sector. Solvency II imposes a governance system, which includes transparent organisational structures, a separation of responsibilities (similar to “three lines of defence”) and an information system. The CFRO function also comprises accounting, tax, controlling and risk management, along with actuarial and compliance, and is supported by comprehensive monitoring and recommendations.
KPMG advises you on the implementation of all CFRO items (e.g. IFRS 17/ 9, Solvency II) and can develop approaches to capital allocation, planning or internal control systems jointly with you.
Stefan Heyers
Partner, Financial Services, Head of Insurance
KPMG AG Wirtschaftsprüfungsgesellschaft
