Introduction

Training Course on Advanced Valuation of Insurance Companies & Portfolios is designed for professionals and executives seeking cutting-edge expertise in insurance portfolio valuation, actuarial modeling, and risk-based capital assessment. As the global insurance industry evolves, valuation professionals must understand not only traditional techniques but also emerging trends such as IFRS 17, ESG integration, and AI-enhanced financial modeling. This course equips learners with practical tools and insights into valuing life, health, and P&C (Property & Casualty) insurance companies, offering a solid foundation for strategic decisions, mergers, acquisitions, and portfolio management.

In this dynamic environment of regulatory shifts, volatile capital markets, and technology-driven transformation, this course integrates global standards and forward-looking valuation strategies. Whether you’re a financial analyst, actuary, or portfolio manager, you'll gain advanced knowledge in embedded value, fair market value, and economic capital, supported by real-world case studies, practical tools, and robust valuation models.

Programme Curriculum

Advanced Valuation of Insurance Companies and Portfolios Training

Introduction

Advanced Valuation of Insurance Companies and Portfolios Training for professionals and executives seeking cutting-edge expertise in insurance portfolio valuation, actuarial modeling, and risk-based capital assessment. As the global insurance industry evolves, valuation professionals must understand not only traditional techniques but also emerging trends such as IFRS 17, ESG integration, and AI-enhanced financial modeling. This course equips learners with practical tools and insights into valuing life, health, and P&C (Property & Casualty) insurance companies, offering a solid foundation for strategic decisions, mergers, acquisitions, and portfolio management.

13 Learning Objectives with Trending Keywords

Analyze insurance company balance sheets using advanced actuarial valuation techniques
Calculate and interpret embedded value and appraisal value metrics
Model fair value accounting under IFRS 17 and Solvency II
Apply Discounted Cash Flow (DCF) and stochastic models to insurance portfolios
Evaluate risk-based capital and economic capital frameworks
Integrate environmental, social, and governance (ESG) factors into valuation models
Leverage AI and machine learning for predictive financial valuation
Understand the impact of interest rate volatility on life insurance valuation
Perform valuation for mergers and acquisitions in insurance sectors
Develop strategies using portfolio optimization and diversification techniques
Quantify policyholder behavior and lapse rates in model assumptions
Implement valuation governance, controls, and audit readiness
Benchmark valuation against global best practices and market standards

Target Audiences

Actuaries and actuarial analysts
Financial and investment analysts
Insurance company executives
M&A professionals and private equity specialists
Risk managers and portfolio managers
Regulatory and compliance officers
Valuation consultants and auditors
CFOs and corporate finance teams

Course Duration: 10 days

Course Modules

Module 1: Fundamentals of Insurance Valuation

Overview of insurance business models
Key valuation drivers and indicators
Types of insurance portfolios
Regulatory frameworks overview
Key valuation metrics: EV, MCEV
Case Study: Traditional Life Insurance Valuation vs. Market Consistent Approach

Module 2: Actuarial Models and Forecasting Techniques

Life and P&C actuarial models
Mortality, morbidity, and lapse assumptions
Reserve and liability estimation
Premium and claims forecasting
Model risk and validation techniques
Case Study: Building a Mortality Forecast Model for a Life Portfolio

Module 3: IFRS 17 & Financial Reporting

IFRS 17 overview and impact on valuation
Measurement models: GMM, VFA, PAA
CSM and liability calculations
Transition requirements and disclosures
IFRS 17 vs. Solvency II comparisons
Case Study: IFRS 17 Transition Impact on Life Insurer’s Financials

Module 4: Discounted Cash Flow Valuation for Insurers

Principles of DCF for insurance entities
Projections of future profits and cash flows
Discount rate selection and sensitivity
Terminal value estimation
Scenario testing and stress analysis
Case Study: DCF Valuation of a Multiline Insurer

Module 5: Risk-Based Capital and Economic Capital

RBC and economic capital principles
Risk categorization and measurement
Capital adequacy assessment
VaR and TVaR in insurance
Integration with enterprise risk management
Case Study: Economic Capital Assessment for a Health Insurer

Module 6: Valuation for Mergers & Acquisitions

Valuation methods in M&A deals
Adjusted book value and comparable transactions
Due diligence in insurance acquisitions
Synergy evaluation
Deal structuring and price negotiation
Case Study: Acquisition Valuation of a Regional P&C Insurer

Module 7: Portfolio Optimization Techniques

Principles of modern portfolio theory
Asset-liability matching
Diversification strategies
Risk-return trade-off analysis
Optimization algorithms for insurers
Case Study: Portfolio Rebalancing for Solvency Optimization

Module 8: Embedded Value and Appraisal Value

Embedded value components
Adjusted net asset value
Value of in-force business (VIF)
Appraisal value vs. market value
Capital cost adjustments
Case Study: Embedded Value Valuation of a Bancassurance Business

Module 9: ESG Considerations in Valuation

ESG metrics and ratings for insurers
Integration of ESG into cash flow projections
Climate risk and sustainability premiums
Regulatory trends on ESG disclosures
Impact on valuation multiples
Case Study: ESG Valuation Adjustments in European Insurers

Module 10: AI & Machine Learning in Insurance Valuation

Machine learning for pricing and risk modeling
AI for claims and behavior prediction
Predictive modeling in capital forecasting
Automation in valuation processes
Governance and ethical AI use
Case Study: AI-Driven Reserve Estimation for Auto Insurance

Module 11: Interest Rate Modeling

Term structure and interest rate models
Yield curve construction
Sensitivity analysis of valuation metrics
Hedging interest rate risks
Interest rate scenarios in DCF models
Case Study: Valuation of Long-Duration Liabilities in Rising Rate Environment

Module 12: Lapse and Policyholder Behavior Analysis

Behavioral economics in insurance
Modeling lapse and persistency
Pricing and valuation impacts
Dynamic lapse assumptions
Stress testing behavioral factors
Case Study: Lapse Risk Modeling for a Universal Life Product

Module 13: Reinsurance Valuation and Capital Relief

Reinsurance structures and valuation
Capital relief and solvency benefits
Risk transfer effectiveness
Embedded value impact
Accounting treatments for reinsurance
Case Study: Valuing a Quota Share Reinsurance Treaty

Module 14: International Valuation Standards and Governance

Overview of global valuation standards
Governance frameworks for valuation
Internal controls and audit trails
Reporting and transparency
Review mechanisms and approvals
Case Study: Governance Failure and Its Impact on Insurer Valuation

Module 15: Final Integrated Valuation Project

Real-world insurance company simulation
Model building and scenario analysis
ESG and AI integration
Capital adequacy testing
Executive presentation of findings
Case Study: Comprehensive Valuation of a Cross-Border Insurance Group

Training Methodology

Expert-led instructor sessions with practical insights
Hands-on model-building exercises using Excel and Python
Breakout workshops with guided case studies
Interactive quizzes and group discussions
Access to premium resources, templates, and frameworks
Real-time valuation simulation labs

Register as a group from 3 participants for a Discount

Send us an email: info@fineskilltrainingcenter.org or call +254769199797

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to Fineskill Training Center account, as indicated in the invoice so as to enable us prepare better for you.

Skills & Software Covered

Insurance Valuation Financial Analysis Risk Assessment

Programme Fee

Duration: 10 Days

Method: Online or Physical

Online Price: $2,000

Physical Price: $3,000

Certification: Accredited Certificate

View Available Dates 📄 Download Course Outline (PDF)

Available Sessions

Location

Month

Year

Oct 19 2026

19 Oct — 30 Oct 2026

💻 Online / Virtual session

Online $2,000