Aldo Balestreri
ISOA
Principal and Managing Director Italy & CEE
Milan, IT
Aldo Balestreri is principal and managing director for Milliman’s practices in Italy and Central and Eastern Europe, which includes the offices in Milan, Warsaw, Bucharest, Istanbul, and the satellite office in Nicosia, Cyprus that also serves the Greek market. His team also carries out insurance consulting missions in other parts of Europe.
Experience
Aldo is a life acturary, fluent in Italian and English. His experience includes M&A, financial reporting, asset liability management, Solvency II, and local and IFRS reporting.
Publications and Presentations
Aldo speaks at industry and professional meetings. He has published articles and papers about Solvency II, Risk Management, ALM, and Capital Management.
Professional Designations
- Member, Ordine Italiano degli Attuari (Italian Society of Actuaries)
- Member, AFIR and IIA (International Actuarial Association)
Education
- Degree in Actuarial Sciences and Statistics (maximum of marks), University of Rome “La Sapienza”
Publications
Read their latest work
Article
IFRS 17 hedging: A case study on an Italian segregated fund
03 June 2025 - by Aldo Balestreri, Grzegorz Darkiewicz, Matteo Fruzzetti, Ken Qian
As many life insurance companies are struggling with volatility due to IFRS 17, we show how to mitigate the problem for products under the variable fee approach.
Article
金利上昇に伴う動的解約
28 March 2025 - by Aldo Balestreri, Alessio Brancolini, Grzegorz Darkiewicz, Franck Ludwig, Abraham Mapelli, Dr. Sven Wagner
本稿では、近年の金利上昇を受けて、ドイツ、フランス、イタリアにおける動的解約について調査します。
Video
Milliman Lunchtime Webinar: 20 March 2024
20 March 2024 - by Sinéad Clarke, Patrick Meghen, Aldo Balestreri, Aisling Barrett
We reflect on the 10-year evolution of the ORSA, questioning whether it delivers on the original aim to be “at the heart” of Solvency II; we explore 2024 trends covering process enhancements, automation, and transformation; and we delve into the background of the insolvency and subsequent rescue of the Italian insurer Eurovita.
Article
ミリマンの気候変動報告バロメーター
02 March 2024 - by Fanny Pouget, Jeremy Payen, Joanne Buckle, Adél Drew, Sinéad Clarke, José Silveiro, Aldo Balestreri, Tigran Kalberer, Menno van Wijk
2025年に持続可能性に関する報告の新たなフォーマットが開始されるため、欧州の（再）保険会社、開示情報、また気候関連財務情報開示タスクフォース（TCFD）の勧告内容の間のギャップが縮まることを期待しています。
Article
Credit risk models in risk-neutral valuation of options and guarantees
19 August 2020 - by Grzegorz Darkiewicz, Ed Morgan, Aldo Balestreri
How are joint interest rate and credit risk for risk-neutral valuation typically offered by providers of economic scenario generators?
Article
Solvency II 2020 review
24 January 2020 - by Jessica Crowson, David Burston, Neil Christy, Stuart Reynolds, Aisling Barrett, Eoin King, Bridget MacDonnell, Kendall Carolissen, François de Wouters, Luca Cavaliere, Aldo Balestreri, Dominic Clark, Jaroslaw Lech
On 15 October 2019 EIOPA issued a second wave of consultation covering a wide range of areas.
Article
IFRS 17への移行（英語版のみ）
19 June 2017 - by Aldo Balestreri, Sjoerd Brethouwer, Andrew Gilchrist, William Hines, Andrew Kay
本レポートは、移行の際に取り得るアプローチとIFRS 17移行にあたって（再）保険会社が直面する主な課題について論じます。
Article
La soluzione Milliman per la generazione di scenari risk-neutral
28 January 2013 - by Luca Cavaliere, Paola Luraschi, Aldo Balestreri
Per rispondere ai bisogni degli assicuratori, incluse le compagnie di piccola e media grandezza, Milliman ha sviluppato una soluzione robusta per la calibrazione di scenari flessibili e di alta qualità, offerta ad un costo ragionevole.
Article
市場整合的フレームワークにおける保険契約者配当の評価（調査報告書）
11 June 2012 - by Aldo Balestreri, Luca Cavaliere, Christophe Vallet, Takanori Hoshino, Takahiro Kinoshita
本レポートは、フランス、イタリア、日本の各市場で見られるモデリング実務を紹介し、保険契約者配当を市場整合的フレームワーク下でモデリングする際に多くの会社が直面すると考えられる様々な問題への対処策を例示しようとするものです。