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      The world is rapidly changing. From emerging technologies to evolving climate risks, the insurance industry is adapting to change in order to better respond to customer needs.

      The global insurance industry is at a pivotal point. Macroeconomic shifts, rapid advancements in technology, and evolving customer expectations are reshaping the landscape, creating both unprecedented opportunities and complex challenges. At the same time, regulatory requirements and accounting standards (such as IFRS 17, US GAAP changes and Solvency II) are forcing insurers to refocus and reimagine key processes in areas such as risk management, accounting and finance.

      In order to respond to these increasing demands, the insurance industry will likely need more than incremental change. Insurance leaders should identify new opportunities and navigate the associated risks to help unlock the true potential of their value proposition. Leveraging data in new ways can also be a critical component as organizations redefine their operating models, relentlessly drive digital transformation and strategically reinvent themselves into a business fit for the future.

      KPMG supports insurers, reinsurers and brokers in navigating this dynamic environment. Our teams combine deep sector knowledge with expertise in audit, tax, and advisory to help clients respond to disruption and seize new opportunities.

      We understand that every organization has unique goals. That’s why we work collaboratively to deliver tailored solutions – whether it's optimizing operations, enhancing compliance, or unlocking growth through technology.

      Stephanie Smets

      Partner, Insurance Market Leader

      KPMG in Luxembourg



      Market highlights

      Strategic investment in AI-ready infrastructure and data governance is essential to unlock long-term value and maintain trust.

      The boardroom agenda for insurers is increasingly centered on strategic priorities across compliance, governance and innovation – including DORA, ESG, AML, Pillar 2 and Solvency II reforms.

      Delivering a seamless customer experience is fundamental to building trust, sustaining competitiveness and driving long-term value in insurance.

      Market pressures push insurers to balance profitability with growth, leveraging cost strategies, digital innovation and data-driven decisions.


      Industry insights

      A series of guides for boardroom executives looking to navigate the financial industry’s hottest topics.

      A blueprint for creating value through AI-driven transformation

      CEOs doubling down on AI and talent investment as the keys to resilience and growth

      Modernizing the claims function.

      Key services

      KPMG Luxembourg supports insurers in navigating financial uncertainty, regulatory complexity, and digital disruption. Through tailored advisory services in actuarial risk, Solvency II, IFRS and digital transformation, we help insurers enhance operational resilience and strengthen customer engagement. Our focus is on data-driven strategies, compliance excellence and future-ready business models.

      Management consulting

      We help insurance companies implement transformation projects to strengthen infrastructure and integrate the latest digital solutions. These initiatives are designed to redesign business models, increase operational efficiency, enhance decision-making and improve customer engagement in a rapidly evolving digital world. 

      Read more
      Actuarial services

      Our team supports insurance institutions in the assessment and further development of risk models, reviews tariff systems and reserve reviews.

      Learn more
      ESG consulting

      We help insurance companies integrate environmental, social and governance (ESG) factors into their business strategy and risk management frameworks. This approach not only ensures compliance with sustainability standards but also positions your organization as a leader in sustainable development.

      Learn more
      Risk and regulatory compliance

      In the ever-evolving regulatory landscape of the insurance industry, we apply our expertise to help your company stay fully compliant. Our support goes beyond meeting current requirements – we help you proactively prepare for future regulatory developments.

      Learn more
      Risk consulting

      Optimize your risk management to strengthen financial stability and resilience. Our tailored solutions help minimize risks while optimizing liquidity and capital structure. Rely on our expertise to enhance financial performance and achieve a lasting competitive edge.

      Learn more
      Accounting services

      We are a recognized market leader in providing financial institutions with expertise in accounting for financial products and capital market transactions. Our experts support you in all aspects of accounting and financial reporting

      Learn more

      Management consulting

      We help insurance companies implement transformation projects to strengthen infrastructure and integrate the latest digital solutions. These initiatives are designed to redesign business models, increase operational efficiency, enhance decision-making and improve customer engagement in a rapidly evolving digital world. 

      Read more

      Actuarial services

      Our team supports insurance institutions in the assessment and further development of risk models, reviews tariff systems and reserve reviews.

      Learn more

      ESG consulting

      We help insurance companies integrate environmental, social and governance (ESG) factors into their business strategy and risk management frameworks. This approach not only ensures compliance with sustainability standards but also positions your organization as a leader in sustainable development.

      Learn more

      Risk and regulatory compliance

      In the ever-evolving regulatory landscape of the insurance industry, we apply our expertise to help your company stay fully compliant. Our support goes beyond meeting current requirements – we help you proactively prepare for future regulatory developments.

      Learn more

      Risk consulting

      Optimize your risk management to strengthen financial stability and resilience. Our tailored solutions help minimize risks while optimizing liquidity and capital structure. Rely on our expertise to enhance financial performance and achieve a lasting competitive edge.

      Learn more

      Accounting services

      We are a recognized market leader in providing financial institutions with expertise in accounting for financial products and capital market transactions. Our experts support you in all aspects of accounting and financial reporting

      Learn more


      Explore more

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      Our deal experts work at deal speed to help you make confident, well-informed decisions that drive value.

       

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      Meeting the demands of modern tax reporting.
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      Go beyond traditional accounting and transform your needs into financial growth.
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      Accelerate your competitive advantage with KPMG and AI.

      Our experts

      Stephanie Smets

      Partner, Insurance Market Leader

      KPMG in Luxembourg


      Contact us

      KPMG combines our multi-disciplinary approach with deep, practical industry knowledge to help clients meet challenges and respond to opportunities. Connect with our team to start the conversation.