Global Vision, Local Wisdom
Global Vision, Local Wisdom
We are focused on our clients' needs and provide a service to suit their individual requirements
We deliver solutions in practical, commercial and cost-effective ways
We seek innovative solutions to complex financial problems using advanced analytical tools and software
Established in 1979 the BWCI Group is the largest firm of actuaries and consultants in any International Finance Centre globally. We provide a broad range services to our clients based in the Channel Islands, the UK and internationally.
Both Guernsey and Jersey are widely respected as international finance centres with a comprehensive range of financial and investment services. They each have their own legislation and have strong but fair regulation and supervision. As a result the Channel Islands are an ideal location in which to conduct business.
BWCI is pleased to announce a total of eleven staff promotions in our 40th Anniversary year in our offices in both Guernsey and Jersey.
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After suffering a serious personal injury, with adverse long-term consequences for their quality of their life, an individual will often be entitled to compensation. These damages reflect the financial impact of the injury on the individual; these could include the cost of future care needs, as well as compensation for the loss of future earnings and pension rights.
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Historically general insurers, including captives, used run-off triangles as a key tool to predict future levels of claims and reserve for them. This triangulation method involves recording observed data about total known claims amounts (paid or incurred) at regular intervals in each policy year. The data points are arranged in a table, with rows corresponding to policy years and columns corresponding to time since the policy’s inception. The earliest policy years have entries in more columns than more recent policy years, so the table of known data takes on a triangular shape.
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