Malaysia: Actuarial Partners teams up with Moody's to offer IFRS 17 services

Source: Middle East Insurance Review | Feb 2019

Kuala Lumpur-based Actuarial Partners Consulting (APC) has signed a formal partnership with Moody’s Analytics to provide insurers in Malaysia and neighbouring countries with actuarial consulting services and software solutions to support the insurance industry with IFRS 17.

As part of this collaboration, APC is joining the Moody’s Analytics PartnerAlliance Program to help insurance, reinsurance and takaful clients comply with IFRS 17 by utilising the Moody’s Analytics AXIS™ actuarial system and the RiskIntegrity™ IFRS 17 solution.

APC managing director Zainal Abidin Mohd Kassim said of the partnership, “APC has been serving the Malaysian market and the rest of developing Asia for over 40 years. Working with Moody’s Analytics will allow us to bring additional value to the market by leveraging the Moody’s Analytics solutions to extend our advisory and delivery offering.” M

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