Biographies
Steve Mathews, FIA - Director
Steve Mathews is an Actuary and Director at EMB Consultancy LLP. To date, his 14 year career has been exclusively in non-life insurance with particular specialisation in the London Insurance Market.
Steve graduated from Bristol University in 1993 with a 2:1 in Mathematics and Economics. He attained the Fellowship of the Institute of Actuaries in 1999.
Steve is the Scheme Actuary for a number of schemes of arrangement, both solvent and insolvent. He has advised clients on the commutation of inwards and outward reinsurance and on acquiring and divesting run-off portfolios. He has also assisted the independent expert in Part VII portfolio transfers.
Steve has acted as an expert in relation to US and UK asbestos issues and has developed a sophisticated model to project future asbestos claims under UK Employers’ Liability policies. He has also assisted with expert witness work in relation to ART disputes and the Accident and Health market of the late 1990s.
Steve provides reserving, ICA and strategic advice to a number of Lloyd’s Syndicates and London Market companies and is a holder of the Lloyd’s Syndicates Practicing Certificate. He also provides pricing advice to a number of London Market entities and is a member of the London Market Actuaries Group.
Steve is a leading member of the team responsible for the development of EMB’s reinsurance analysis and visualisation software, RePro.
Other work that Steve has performed includes:
• Special reserving projects for London Market companies
• Allocation of IBNR to inward policies
• Analysis of asbestos, pollution and health hazard liabilities
• Reinsurance recovery simulations for IBNR
• Analysis of reinsurance bad debt
Steve has spoken at seminars and conferences on insurance topics, has written articles for the insurance press and has served on an Institute of Actuaries working party on premium rating indices.