
Mike Claffey
FSAI
Principal, Consulting Actuary
Dublin, IE
Mike Claffey is a principal with the Dublin office of Milliman, formerly Life Strategies Limited. He joined the firm in 2009 when Milliman acquired Life Strategies.
Experience
Mike’s experience includes all aspects of statutory insurance work, including head of actuarial function, financial reporting, and product development. He has worked with clients operating in a range of European countries, including the UK, Italy, France, Spain, Germany, Sweden, and Ireland.
Other experience includes:
- Currently discharging the role of Head of Actuarial Function for a range of insurance and reinsurance companies headquartered in Ireland.
- Acting as the Independent Actuary for a number of life insurance portfolio transfers in Ireland and the Isle of Man.
- Working on a range of M&A assignments, on both the buy and sell side, across a range of jurisdictions in Europe.
- Preparing authorisation submissions to the Central Bank of Ireland for a range of insurance entities. He has advised on a range of regulatory topics including pre-emptive recovery plan requirements of the CBI in Ireland.
- Conducting Skilled Person Reviews of insurance entities. Mike has worked for the Irish regulator on reserving process reviews of insurance entities in Ireland.
Previously, Mike worked for AEGON Scottish Equitable International and Prudential International based in Dublin. He started his career in 1990 in Eagle Star (part of the Zurich Group).
Professional Designations
- Fellow of the Society of Actuaries in Ireland
Education
- M.Sc (1990) in Mathematical Sciences from the National University of Galway
Affiliations
- Mike was an elected member of the Council of the Society of Actuaries in Ireland from 2017 to 2020. He was the chair of the Society’s life subcommittee for three years up to 2020. Since 2021, Mike has served as the SAI's member titular on the AAE and sits on the AAE Insurance Committee. He is also a member of the Solvency II working group.
- In 2014, Mike was granted an award for outstanding contribution to the Society based on his volunteer work relating to professionalism skills training for members.
Publications
Read their latest work
Article
ミリマン欧州ブリーフィング:2025年6月
11 June 2025 - by Mike Claffey, Aisling Barrett, Joseph Sloan
ミリマンが行った朝食会ブリーフィングでは、最新のアイルランドおよび欧州の規制動向と、保険市場に関する最近の情報を取り上げました。
Article
Growing Your Business in a World at Risk
10 September 2024 - by Aisling Barrett, Kevin Manning, Michael Culligan, Mike Claffey, Paul Marron, John Mulvihill, Sinéad Clarke, Alan McDonagh, Eamon Comerford
Our in-person seminar, Growing Your Business in a World at Risk, explored potential sources of growth for insurance companies, and aimed to bring some insights that might help enable growth in the industry.
Video
Milliman Breakfast Briefing: 13 September 2022
13 September 2022 - by Michael Culligan, Mike Claffey, Aisling Barrett, Kevin Manning
Article
ロックダウンによるアイルランドの交通への影響の測定
15 May 2020 - by Eoin O'Baoighill, Mike Claffey
道路交通データに基づいてミリマンが行った分析によると、交通量は前年同期比で70%減少しました。
Article
ミリマン・ブリーフィング:2019年11月14日
12 November 2019 - by Mike Claffey, Rob Frize, Patrick Meghen
本ブリーフィングでは、2017年および2018年のアイルランドSFCRsおよびORSAプロセスとその結果について論じます。
Article
ORSA:アイルランドの経験(英語版のみ)
15 May 2018 - by Mike Claffey, Eoin King
マン島の規制当局は、地元の保険会社および再保険会社に対する新たな規制ツールとしてORSAを導入することを業界と協議しています。2018年5月、Mike ClaffeyとEoin Kingは、マン島アクチュアリー会でソルベンシーIIにおけるORSAについてのアイルランドの経験を発表しました。
Article
Breakfast Briefing 25: Year-end 2017 - Hot topics
07 March 2018 - by Mike Claffey
Mike Claffey discusses hot topics for year-end 2017.
Article
シエナ議定書アップデート (英語版のみ)
07 December 2017 - by Mike Claffey, Patrick Meghen
EIOPAは、当初「シエナ議定書」と呼ばれたプロトコルの最新版の中で、監督当局がいかに協力すべきかを規定した新たなルールを公表しました。本稿は、これらのアップデートについて記しています。
Article
Ultimate Forward Rate: Revised EIOPA methodology
07 May 2017 - by Aisling Barrett, Thomas Bulpitt, Mike Claffey, Andrew Gilchrist
In April 2017, EIOPA published its final decision on the methodology for the annual calculation of the Ultimate Forward Rate for each currency. This briefing notes summarises the key features of the final methodology and the changes made to proposals set out in the Consultation Paper CP16/03 in April 2016.
Article
Ultimate Forward Rate: Revised EIOPA methodology
21 April 2017 - by Aisling Barrett, Thomas Bulpitt, Mike Claffey, Andrew Gilchrist
In April 2017, EIOPA published its final decision on the methodology for the annual calculation of the Ultimate Forward Rate for each currency. This briefing notes summarises the key features of the final methodology and the changes made to proposals set out in the Consultation Paper CP16/03 in April 2016.