Pistevo Risk

About Us

Pistevo Risk is a specialized actuarial and risk consulting firm dedicated to bridging the strategic actuarial capacity gap in the African financial services market. Our comprehensive suite of actuarial services is tailored to address the unique data constraints and evolving regulatory frameworks, including SAM, Solvency II, and IFRS 17, that are prevalent in African markets.

In an industry reliant on the commitment to pay future claims and ensure solvency, trust is more than a sentiment; it is a rigorously modeled and regulatorily assured asset. Pistevo Risk is committed to reinforcing that trust through meticulous quantitative analysis and strategic foresight.

Vision

Vision

 To be the definitive actuarial authority in emerging African markets, recognised for bridging the gap between global standards and local market realities.

Mission

Mission

To provide robust, commercially viable, and adaptive actuarial solutions that safeguard the solvency of financial institutions while unlocking capital for sustainable growth.

Values

Values

IntegrityPrecision
Accountability
Pragmatism
Communication
Empowerment

Risk, Insurance & Strategic Advisory Services

We provide specialist advisory solutions across banking, enterprise risk, insurance, IFRS 17, investments, and pensions — combining deep technical expertise with practical strategic insight to help organisations manage risk, strengthen resilience, and drive sustainable performance.

Banking

At Pistevo Risk, we partner with banks to tackle their most pressing risk challenges. We enhance credit and market risk models, strengthen stress testing and scenario analysis, and improve liquidity planning and operational resilience. Our work addresses cyber risk, regulatory compliance, and governance of models and data — delivering clear risk visibility, reliable capital planning, and resilient operations.

Credit Risk Management: Modeling loan default probabilities (PD), Loss Given Default (LGD), and stress testing
Asset Liability Management (ALM): Matching asset portfolios with liabilities to minimize market risk
Independent valuations for the Internal Capital Adequacy Assessment Process (ICAAP)
Regulatory Compliance: Assisting with Basel III requirements and capital allocation
Valuation of complex financial instruments and derivatives
Credit risk models to assess borrower creditworthiness and manage loan portfolios
Improving audit reviews of complex financial risk models
Validating the IFRS 9 Expected Credit Loss (ECL) model

Enterprise Risk Management

Our actuarial services blend rigorous quantitative modeling with practical, governance-minded insights. We identify and quantify financial, operational, and strategic risks; develop robust risk appetite frameworks; and perform stress and scenario testing to stress-test capital adequacy and resilience — enabling data-driven decision making and transparent risk reporting.

ERM Frameworks: Identifying, quantifying, and mitigating risks across the enterprise
Mergers & Acquisitions: Actuarial due diligence, portfolio valuation, and post-merger integration
Strategic Planning: Business strategy, capital optimization, and financial performance improvement
Designing and completing ORSAs and internal stress scenario capital requirements
Asset-liability management and risk management process components
Strategic Pivot Consulting and Go-to-Market (GTM) Strategy
Data Analytics: Machine learning for predictive modeling and process automation
ESG: Climate risk modeling and ESG strategy reporting

General Insurance

The general insurance sector faces ongoing pressure from volatile loss amounts, pricing inefficiency, capital requirements, and increasing regulatory scrutiny. At Pistevo Risk, we provide evidence-based guidance and governance-driven insights that support prudent decision-making and sustainable performance.

Reserving & Valuation: Technical provisions (IFRS 17, Solvency II) and statutory valuations
Pricing & Product Design: New insurance products and pricing strategy optimization
Reinsurance Analysis: Optimizing structures to balance risk and capital requirements
Profitability Analysis and strategic planning assistance
Peer reviews
Underwriting Support: Predictive analytics for risk selection and fraud detection
Capital Management: SCR, ORSA, and economic capital modeling
Asset-liability modelling and management

Health Insurance

The healthcare sector faces complex financial and risk-management challenges across hospitals, health systems, and provider networks. Pistevo Risk brings end-to-end capabilities — data governance, advanced modeling, risk assessment, and transparent reporting — to help organizations improve cost control, financial resilience, and strategic decision-making.

Reserving & Valuation: Technical provisions (IFRS 17, Solvency II) and statutory valuations
Pricing & Product Design: New insurance products and tariffication
Reinsurance Analysis and Capital Management (SCR, ORSA)
Underwriting Support: Predictive analytics for risk selection and fraud detection
Morbidity/Claims Investigations and expense & withdrawal analysis
Customer Experience (CX) Design and Retention Strategy
Medical Aid Scheme Valuations and health insurer consulting
Profitability Improvement: Analyzing margins, overhead, and COGS

IFRS 17 Implementation

IFRS 17 standardizes insurance contract accounting, delivering greater transparency, comparability, and clarity in financial reporting. At Pistevo Risk, we provide end-to-end IFRS 17 services — from scoping and data governance to model implementation, transition, and ongoing disclosures — ensuring compliant, auditable results.

Full implementation assistance
Managed solution implementation assistance
Annual Financial Statement preparation and review
Disclosure checklists
Training on the standard
Life and general insurance calibrations for discount rates and risk adjustments
Product classifications
Gap analysis review

Investments

Pistevo Risk partners with investment teams to pursue stable, long-term value while navigating the complexities of today's markets. We emphasize disciplined governance, high-quality data, and transparent disclosures to support informed decision-making and regulatory alignment — helping align investment outcomes with strategic objectives.

Investment Strategy Recommendation
Capital Assessment & Management
Pure and Risk-Adjusted Performance measurements
Stochastic Asset Modelling and Projections
Value at Risk measurements
Advice on take-overs and mergers

Life Insurance

Life insurance faces tougher rules, new products, longer life spans, and risks like lapses — all requiring clear, reliable reporting for pricing and capital management. At Pistevo Risk, we deliver careful analysis, solid governance, and clear, practical guidance backed by strong data and modern technology.

Reserving & Valuation: Technical provisions (IFRS 17, Solvency II) and statutory valuations
Pricing & Product Design: New insurance products and pricing strategy optimization
Reinsurance Analysis: Optimizing reinsurance structures
Underwriting Support: Predictive analytics for risk selection and fraud detection
Capital Management: SCR, ORSA, and economic capital modeling
Embedded value and appraisal value calculations
Asset-liability modelling and Mortality/Claims Investigations
Expense and lapse analysis; underwriting and investment strategy recommendations

Pensions & Employee Benefits

At Pistevo Risk, we focus on identifying and mitigating key risks facing pension programs — from funding volatility and longevity risk to investment and regulatory uncertainties. Our approach blends rigorous analytics with robust governance to support long-term stability, predictable costs, and staff satisfaction.

Actuarial valuation of defined benefit (DB) and defined contribution (DC) schemes
IAS 19, FASB, and GRAP 25 compliance for employee benefits
Strategic advice on de-risking pension liabilities and Asset Liability Management (ALM)
DC Fund projections and communication drafting
Policy drafting: reserve policies, bonus policies, and investment policy statements
Designing, implementing, and maintaining pension schemes
Conversion Actuarial Valuation from DB to DC Schemes or vice versa
Actuarial Valuation of Gratuity and/or Termination Benefit Liability

Why Partner with us?

We combine technical depth, strategic insight, and practical execution to help organizations solve complex challenges with confidence.

Diversity of Thought and Experience

Global Access, Local Relevance

Integrity and Independence

Speed and Agility

Markets Covered

Pistevo Risk provides advisory services across several African markets, combining global technical standards with strong local insight.

Key Markets

Botswana Kenya Malawi Mozambique Namibia Rwanda South Africa Tanzania Uganda Zambia Zimbabwe

Our Regional Advantage

  • Pan-African advisory expertise
  • Strong understanding of emerging market risk frameworks
  • Cross-border regulatory and actuarial knowledge
  • Local relevance combined with global standards
Markets covered across Africa

Considering Pistevo Risk as your trusted advisor.

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