Statement of actuarial opinion

Lloyd’s syndicates require a statement of actuarial opinion (SAO) to the effect that the carried reserves are demonstrably prudent. Delivery of the SAO may be internal or via an external advisor.

Moore Stephens has the skills, experience and qualified staff to provide syndicate SAOs. Our experienced practitioners have the resources available to support the signing actuary, and they ensure that our knowledge base is consistently diverse, accurate and well-informed.

Our approach is systematic and efficient. We would normally anticipate an early cut-off view of the syndicate data with an initial independent valuation model build to highlight material and unusual factors, and to ensure that the final closing is handled promptly and with clarity.