| The
appointment of highly experienced actuarial consultants is the vital ingredient
for institutions that are already involved in or considering entering:
pensions and employee benefits, social security, life assurance,
general insurance, or health insurance. Actuarial consultants can also
provide expert assistance in the provision of business plans,
pension plan administration, project management, actuarial reviews, mergers
and acquisitions and selection of investment managers.
The actuarial
consulting must be fully conversant with the intricacies of the various
laws, statutory requirements and applicable statistical data, in the
diverse cultures of the countries in which it operates, in order to
find the most appropriate solution for the clients' needs.
Whether the
client is a small company, major employer, union, association or a government
agency, the advice provided needs to be accurate, up to date, cost effective
and most importantly, financially sound.
The
table that follows (a
representative sample) strongly
demonstrates the extensive and unique expertise of i.e. Muhanna &
co.
in general
As
of 2002, i.e. Muhanna & co. is an observer member of The International
Association of Insurance Supervisors (IAIS).
i.e.
Muhanna & co. is an observer member of The General Arab Insurance
Federation (GAIF)
 |
Bahrain
- General
Organization For Social Insurance - First & Second Actuarial
Review & Other Service |
|
Cyprus
-
Cyprus
Medical Association - Actuarial and Administration Services |
|
Greece
-
The
Greek Government - Overall reform of pension system in Greece.
In association with the GAD |
|
Jordan
- Social
Security Corporation - Fourth Actuarial Review & Other Services |
|
Jordan
- University
of Jordan - Actuarial Services |
|
Lebanon
- American
University of Beirut - Actuarial Pension Valuation & Other
Services |
|
Saudi
Arabia - Islamic
Development Bank - Actuarial Valuation & Other services |
|
Saudi
Arabia - Gulf
Co-operation Council (GCC) - Actuarial Pension Valuation |
|
Saudi
Arabia - Saudi
Arabia Monetary Agency - Insurance
Supervision |
|
Oman
- Public
Authority for Social Insurance - Actuarial
Study & Other Services |
|
Oman
- Ministry
of Commerce & Industry. Insurance
Supervision |
|
United
Arab Emirates - Abu
Dhabi Pension Fund - First
Actuarial Review |
To date i.e. Muhanna & co. has:
|
Rendered
services in 32 countries |
|
Provided
services to 41 government & semi-government organizations
|
|
Advised
52 life & general Insurance companies |
|
Provide
services to 94 other private institutions |
|
Financed
& sponsored 23 actuarial students |
|
Delivered
& published 37 actuarial and insurance papers & studies
|
i.e. Muhanna Group:
| |
Social
Security
and
Pensions |
Life,
General
and
Health
Insurance
/
Rating
Services
&
Insurance
Supervision |
| Managing
Actuary |
Georges
M.
Psaras |
Ibrahim
E.
Muhanna |
| Location |
Cyprus |
Lebanon |
| Actuarial
Staff |
6 |
7 |
| Management
&
Legal
Consultant |
3 |
2 |
| Marketing
Consultant
|
1 |
2 |
| Support
Staff |
8
persons
including
computer
analysts,
accountants
and
others
|
|
