Al Khwarizmi Company for Actuarial Services

Al-Khwarizmi Company for Actuarial Services identifies, and measures risks facing companies and individuals and provides optimal solutions and strategies to manage and mitigate those risks.

Al Khwarizmi for Actuarial Services

Al-Khwarizmi Company for Actuarial Services identifies, and measures risks facing companies and individuals and provides optimal solutions and strategies to manage and mitigate those risks.

Solutions and strategies

Al-Khwarizmi Company for Actuarial Services identifies, and measures risks facing companies and individuals and provides optimal solutions and strategies to manage and mitigate those risks, and has gained integrity, professionalism, and respect in the Kingdom of Saudi Arabia as one of the leading companies in the field of actuarial. Its core business includes an actuarial valuation of end-of-service benefit plans with the highest international standards, and it provides valuable services to insurance and takaful companies and preparing financial reports, with a special focus on developing actuarial models to assess expected credit losses.

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Our Services

We provide a mixture of Actuarial and other complementing services to ensure that you get a complete well rounded package. No matter how big you are, public or private, and in what industries or sectors you do business, we can help you work smarter and reach your goals.

Leading the Way

We’re helping businesses who look further to reach further

Our Purpose

We help people advance their quality of life by unlocking new potential

GENERAL INSURANCE

Our experienced team of specialists is skilled at providing actuarial services to our clients in areas such as claims valuation, pricing, reserving, capital, expense, and profitability analysis. Our combination of highly qualified and fully experienced professionals allows us to add depth and value to our clients.

LIFE INSURANCE

Our professional team includes qualified and experienced actuaries to serve as appointed/consulting actuary for Life Insurance and Takaful Companies. We proudly serve leading Life Insurance and Takaful Companies to help them prosper.

 FINANCIAL MODELLING

As financial models become ever more complex, the need for a rigorous and independent review of the model becomes ever more important. We know that each project represents a particular set of challenges and risks and our approach is tailored to meet your particular needs.

EMPLOYEE BENEFITS

We have a strong background in valuation of End of Service benefit schemes with almost 200 clients in the KSA. Our team of expert staff understands the client's requirements and has a strong grip of local and accounting regulations pertaining to the employee benefits.

IFRS 17

It is the new accounting regulation Issued by the IASB that is applicable to insurance companies. We hold a unique position in implementation of IFRS 17, with prior experience in implementation of IFRS 17 and Solvency II in the International Market.

IFRS 9

It introduces an Expected Credit Loss (ECL) model for recognition and measurement of impairment losses of financial assets. ECL calculations are complex and require a strong financial modeling expertise. Our experience across multiple jurisdictions ensures that we provide you with in-depth results.

Our Vision

Integrity and professionalism has earned us respect and name in Kingdom of Saudi Arabia as one of the leading locally registered actuarial consulting firm. We believe in superior customer service which our employees have practiced over the entire history of the firm. Providing services up to the client’s satisfaction is the key to our success. Maintaining our professional values, we aim to engage with foreign clients and explore Asian market along with providing the excellence of service to local clients. We are determined to hire and polish young talented students to add assets in the small actuarial community of KSA.

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Our Vision:

Integrity and professionalism has earned us respect and name in Kingdom of Saudi Arabia as one of the leading locally registered actuarial consulting firm. We believe in superior customer service which our employees have practiced over the entire history of the firm. Providing services up to the client’s satisfaction is the key to our success. Maintaining our professional values, we aim to engage with foreign clients and explore Asian market along with providing the excellence of service to local clients. We are determined to hire and polish young talented students to add assets in the small actuarial community of KSA.

We provide a mixture of Actuarial and other complementing services to ensure that you get a complete well rounded package. No matter how big you are, public or private, and in what industries or sectors you do business, we can help you work smarter and reach your goals.

Our Services

Let’s talk about your business

Fill in the form or call to set up a meeting at (966) 56 120 7264.

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