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Welcome to Milliman Belgium

IFRS 17

The new IFRS standard for insurance contracts promises to have a transformative effect on insurers’ financial reporting. Milliman has unparalleled experience with Solvency II and other regulatory regimes, coupled with groundbreaking systems implementation and industrialisation capabilities.

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Solvency II

As a full service actuarial and consulting firm, Milliman brings a comprehensive understanding of the application of risk adjustment and predictive modeling to complex healthcare applications. Whether you require risk adjustment tools, strategic advice, or customized models, knowledgeable consultants and actuaries are always available to help design and deliver successful solutions.

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Resource

Solvency II Review – Impact assessment curves

As part of the Solvency II review, the European Commission has proposed changes to the methodology for constructing risk-free interest rate curves, and changes to the interest rate shock curves. You can find recent quarterly curves under the proposed methodology here.

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BRIEFING NOTE SERIES

The Solvency II Review

A selection of briefing notes designed to help you navigate the latest amendments and explore the most significant areas of the Solvency II review.

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Insight

Insight from Milliman

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Report

Shareholder value reporting in Europe: Solvency- and IFRS-based metrics

After half-year disclosures, we offer a brief update on the emerging 2026 experience in the European insurance market.

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Non-Life

Analysing 2025 SFCRs of non-life insurers in the Netherlands

We analyse the year-end 2025 solvency and financial condition reports of non-life insurers in the Netherlands.

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Life, non-life, and composite

Analysing 2025 SFCRs of life, non-life, and composite insurers in Belgium

We summarize our main observations from an analysis of the 2025 solvency and condition reports of Belgian insurers.

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Briefing note

Analysing 2025 SFCRs of non-life insurers in Luxembourg

We analyse the year-end 2025 Solvency and Financial Condition Reports of non-life insurers in Luxembourg.

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Briefing note

Analysing 2025 SFCRs of life insurers in Luxembourg

We analyse the year-end 2025 Solvency and Financial Condition Reports of 15 life insurance entities based in Luxembourg.

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BRIEFING NOTE

Impact SII Review: Amendments to QRT reporting

We outline various effects of the Solvency II Review on QRT reporting and clarify the expected impact on the 2026 QRT submission.

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White paper

How to assess whether an AI system is functioning correctly, from the perspective of Benelux insurers

With a focus on insurers in the Netherlands and Belgium, we review AI assessment frameworks, which are essential for managing technology risks and maintaining public trust.

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Briefing note

Proportionality under the Solvency II review: A vast spectrum of new possibilities

With recently issued specifications on proportionality under Solvency II, we offer insight into what insurers need to do to apply the new measures.

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Report

Accidents that never happened: Generative AI and fraud in motor insurance

As fraudsters submit AI-manipulated images of car crashes, Milliman’s research is helping global motor insurers separate the real claims from the scams.

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Featured Products

We’re driving the future with our analytics and modelling technologies

Solvency II reporting & compliance

VEGA

Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.

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Financial Modeling Platform

Milliman Mind IFRS17 module

Milliman Mind is a flexible and easy-to-use web-based platform that offers you a cost-effective IFRS 17 calculation tool.

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Our experts

Meet some of our experts in Belgium

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Romain de Harlez

Consulting Actuary
Romain De Harlez is a consulting actuary in the Brussels office of Milliman. He carries out consulting projects in the field of life insurance and capital management within the Benelux region.
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Rik van Beers

Consulting Actuary
Rik van Beers works as a consulting actuary in the Brussels office of Milliman. His main focus is on risk management, capital modelling and valuation model implementation for life insurers, predominantly within the Belgian and Luxembourg markets.
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Peter Boekel

Consulting Actuary
Peter is a consultant in the Amsterdam office of Milliman and joined the firm in 2007. Part of the Amsterdam office, he carries out consulting missions in the Netherlands and Belgium. Prior to this, he worked one and half year for Delta Lloyd (part of Aviva) as a developer of RBC/EEV models, one year as ALM consultant for Strategeon Investment Consultancy.
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Lotte van Delft

Principal & Consulting Actuary
Lotte van Delft is principal and consulting actuary in the Amsterdam office of Milliman. Before joining Milliman, Lotte worked at a Dutch insurance company for four years. In that period she was chief financial risk officer of the disability department.
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Niels van der Laan headshot

Niels Van der Laan

Principal, Consulting Actuary
Niels Van der Laan is a principal and consulting actuary in the Amsterdam office of Milliman. He joined the firm in 2011. Niels carries out consulting assignments in the field of property & casualty and disability in the Netherlands and Belgium. Before joining Milliman, Niels worked at Towers and Watson and predecessors for five years.
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Join our team

Looking for an exciting job and recently finished your study? Our Brussels office is searching for enthusiastic colleagues. Apply the skills you’ve learned and expand your knowledge by joining our team of consultants.

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Ask the tough questions. We’re ready for them.