2025全球精算现代化调查报告

PwCPwC Global Actuarial Modernization Survey Actuarial modernization is crucial for an insurer to achieve both theirshort-term and long-term objectives. The insurance industry has passed another fewmilestones in adoption of new accountingstandards, and yet the modernization journeycontinues as companies navigate a world withincreasing data, complexity, uncertainty,multiplereporting bases, evolving capital regimes andrapidly changing technology solutions. At PwC, we support actuarial modernizationacross markets and around the world, drawing ondeep industry expertise and a strong globalnetwork. With modernization more critical thanever, we’re excited to release our third GlobalActuarial Modernization Survey, featuringresponses from over 200 insurers worldwidefollowing the 2019 and 2023 editions. Actuarial processes and people are an integralpart of the insurance company’s value chain, andtransformation of the actuarial process andskillsets are needed to reflect the changingtechnological and regulatory environment. A consistent theme over the past two surveys hasbeen the pace and complexity of change and howinsurers can enable actuarial teams to delivergreater impact against a background of risingcosts. That theme continues in this survey,despite IFRS17 and LDTI implementation beingin the rear-view mirror,and we would arguethatit is even more important in the face of AIdevelopments.We hope you will enjoy readingthis report and that it will spark discussions onhow actuaries can supportinsurancetransformation in the best possible way. Modernization landscape changes in the last 3 years Bermuda CP2andICS will continue to drivefuture modernization efforts. Other top driversindicated by insurers point to a growing focus onstrengthening analysis, improving governance,managing expenses, and building more resilientteams. Companies are also prioritizing better datafoundations to support analytics and automation. The top four drivers for actuarialmodernization remain consistent fromour last survey: efficiency and qualityof processes, improved managementinsights, and regulatory changes.However, this year's survey shows apronounced emphasis on processefficiency which is not surprising ascompanies shift from a focus onadoption to now driving down cost. Another modernization driver indicated wasupskilling or reducing key person risk at 39% ofresponses, which had the largest increase fromthe last survey from 19%. This highlights agrowing concern around talent retention andaddressing knowledge gaps. Question:How much do you expect your actuarial modernization initiatives will cost in totalover the next 5 years? (in millions USD) Coming off the heels of LDTI and IFRS 17adoption, it is unsurprising that regulatorychanges has slipped down the impetus formodernization from 77% to 54%, althoughregulatory changes such as US Statutory PBR, Global actuarial modernization spending is set toexceed $5 billion for the next 5 years, whichreflects a similar level of modernization effort asour last survey. 87% of respondents are currently undergoing anactuarial modernization journey,up from75%in the 2023 survey. Key Themes data qualitytalent acquisition and developmentresource managementbusiness intelligence toolsprocess efficiencyadvanced analyticsmodeling efficiencyassumptions managementcost efficiencyenhanced analysiscultural changereporting accelerationdata governancereserving methodologymanagement buy-inbudget constraintsgen-aicloudprocess automationreporting automation Question: What is at the top ofyour mind for actuarialmodernization? The word cloud summarizes topresponses from survey participants interms of modernization. Unsurprisingly,efficiency, data quality, and automationare prominent themes. GenAI andadvanced analytics are new in this surveyand showing increased importance. Also as expected, there were a moderatelevel of responses for cultural change andtalent acquisition and development–inour view, the biggest reason for lack ofprogress with modernization efforts overthe past 7 years has been resourcing andupskilling challenges. of survey participantsspend more than 50% oftheir time on data50% … however,69%of 94% participants would like tospend less than 25% of theirtime on data 65% Of survey participants are keen todevelop GenAI, yet a significantnumber remain unclear about itsvalue proposition of surveyparticipants choseefficiency as a topmodernization driver KeyThemes Effective datamanagement GenAI implementationis on the rise Achieving efficiencythrough automation Page 8 Survey participants were nearly unanimous (94%) in choosingefficiency as the main driver for their modernization initiatives,showing a significant increase from the last survey, howeverautomation progress remains limited. Actuaries are currently still spending more time on datapreparation instead of analysis. This is driven by increasing datademands and a data ecosystem that may be partially missing keyelements, such as a