New means of predicting development of insurance portfolio

In the last two years, the company has brought in the means to assist it in predicting the development of the insurance portfolio as accurately as possible. During the financial year, the company started using the first detailed forecasts on how its insurance portfolio and technical provisions will develop in the next 20 years. According to the forecasts, technical provisions will decrease more slowly than the number of the insured, which in itself will still be almost 100,000 in 20 years (currently over 350,000). Such forecasts will enable the company to better integrate the development of the insurance portfolio with investment planning, and to prepare for any anticipated changes in the regulation of life insurance companies.