The CFRO function in insurance companies is increasingly characterised by a convergence of the areas of finance and risk as well as international sectoral supervision. Solvency II provides for a governance system that includes transparent organisational structures, a separation of responsibilities (comparable to "three lines of defence") and an information system. The CFRO function covers the areas of accounting, tax, controlling and risk management as well as actuarial services and compliance, and is supported by comprehensive monitoring and recommendations.
KPMG advises you on the implementation of all CFRO topics (e.g. IFRS 17 / 9, Solvency II) or develops approaches to capital allocation, planning or the ICS with you.
