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Independent Actuarial Consultancy
100+ staff across 12+ offices. Named senior actuaries on every engagement. Auditor and regulator-ready deliverables across IFRS 17, IFRS 9, IAS 19, IFRS 2, and IFRS S1/S2.
Why Lux
No ties to audit, insurance, or asset management. Your actuarial opinion is free from conflict of interest.
Resident actuaries in every market — not flown in. Your data stays in jurisdiction. Your actuary knows your regulator.
IFRS 17, IFRS 9, IAS 19, IFRS 2, and IFRS S1/S2 under one roof. One firm, every standard.
Reports designed for regulators, accountants, and auditors to use directly — no translation layer needed.
Our Services
Reserving, pricing, product design, reinsurance, and appointed actuary services for life, general, health, and Takaful insurers across the Middle East & Africa.
Actuarial valuations (including IAS 19), scheme design, and advisory for end-of-service benefits, pensions, post-employment medical, and alternative EOSB savings schemes.
CMA-licensed (Category 5) financial consulting, investment product analysis, suitability advisory, and corporate financial planning in the UAE.
IFRS 9 ECL modelling, credit risk analytics, and actuarial valuations for banks, fintech lenders, and non-bank financial institutions.
IFRS S1 and S2 sustainability disclosures, climate risk modelling, carbon accounting, and ESG integration for insurers and corporates.
Specialist Solutions
IFRS 17
We perform GAP analyses, financial impact assessments, transition calculations, and managed-services reserving and reporting for insurers across the Middle East and Africa.
IAS 19
We deliver audit-ready IAS 19 actuarial valuations for end-of-service benefits (EOSB), gratuity, pensions, and post-employment medical obligations. This financial-reporting service is separate from advice on selecting and implementing the UAE Alternative Savings Scheme.
IFRS 9
IFRS-compliant Expected Credit Loss valuations delivered by qualified actuaries. From PD/LGD models for banks to provision matrices for corporate trade receivables, we handle the technical complexity.
IFRS 2
LTIPs, ESPPs, ESOPs, and other share-based plans help attract and retain key talent. We provide advisory and valuation services to get these schemes designed, implemented, and reported correctly.
EOSB Savings Schemes
Independent, CMA-licensed EOSB consultancy for UAE employers transitioning from traditional gratuity to the Alternative End-of-Service Benefits Savings Scheme. We compare fund managers, quantify legacy liabilities, model cash flow, and support implementation.
What Our Clients Say
“Lux has very talented professionals who know when and how to listen to their customers and capture their attention by engaging in conversations relevant to their needs.”
Underwriter
“Lux has been a valuable partner in our growth process. We look forward to continue working with them.”
Management — Global insurance group
“In our opinion Lux is one the best consulting firms that we work with. 1) they care about us as their client, 2) they deliver exceptional professional standards, 3) the report is very clear and have all necessary explanations and 4) they are always ready for our queries and request for clarifications.”
C-Suite Executive — Top 5 KSA company
“Their exceptional business acumen has helped our team identify and pursue new opportunities.”
CEO — Insurer startup
CONTENT HUB
Comparing actuarial consulting firms across Africa and the Middle East by team size, office footprint, service breadth, independence, resident workforce, qualifications, and multi-standard coverage. A framework for CFOs and Chief Actuaries evaluating external partners.
When hostilities between the US, Israel, and Iran escalated in late February, the fallout for pension funds landed much closer to home than the Strait of Hormuz.
How actuaries are navigating geopolitical risk, inflation, and evolving reinsurance dynamics to strengthen GCC insurance markets in 2026 — from pricing and reserving to capital strategy.
Our senior actuaries take the time to understand your business before recommending solutions. Named experts on every engagement — no junior staff rotation.