i.e. Muhanna & co. (Actuaries and Consultants) was the first independent actuarial consulting firm in the Middle East, established in Cyprus in 1986. Today it is among the largest actuarial consulting firms in the region and is recognized as the leader of actuarial and management consulting throughout the MENA and the GCC region as well as East & Central Africa countries, assisting governments, organizations and companies to meet their goals.
With more than 35 years of worldwide services, our team of professionals has the capacity to handle sophisticated and specialized tasks with technical expertise and knowledge of local and regional needs.
Our Practices:
Social Protection: Social Security/Healthcare Unemployment.
- Reform Public Pension Plans
- Social Health Insurance Valuations & Coverage Reform
- Unemployment Insurance & Income Transfers Programs
- Labor Regulations Review
- Integration of Labor Programs for Job Creation with other Economic policies and programs
- Review of Regulation and Supervision of Private Providers of Public Services
Private Insurance: Life/Non-Life/Medical Investments
- Asset Liability Modelling
- Statutory Actuarial Reserving & Pricing
- Product Design and Product Profit Testing
- Valuations for Merger/Acquisition
- Database system integrations
- Financial Condition Report
- Reinsurance Optimization
- Business Plans and Application for License
- Complete and Total Set-up of Life Insurance operations
- Develop specific applications and Evaluate & audit IT systems
- IFRS 17 Implementation
Employee Benefits: Pension/Healthcare/ Strategy
- Funding Valuation of pre and post health care benefit funds
- Actuarial Audit
- Feasibility Studies for the Design and Establishment of Pension/Provident Funds/Schemes
- Merger/Privatization of Pension Funds
- Statutory and ad hoc Valuations for Funding and Accounting purposes,
- Investment Managers Selection Advice
- Asset Liability Modelling
- IAS19 EOSI Valuation