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
Dynamic lapses following an increase in interest rates
28 March 2025 - by Aldo Balestreri, Alessio Brancolini, Grzegorz Darkiewicz, Franck Ludwig, Abraham Mapelli, Dr. Sven Wagner
We examine dynamic lapses in Germany, France and Italy, following the increase in interest rates in recent years.
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.
Video
ミリマン・ランチタイム・ウェビナー：2024年3月20日
20 March 2024 - by Sinéad Clarke, Patrick Meghen, Aldo Balestreri, Aisling Barrett
ORSAの10年間の変遷を振り返り、ORSAがソルベンシーⅡの「核心」になるという当初の目的を果たしているかどうかを問い直します。また、プロセスの強化、自動化、変革を取り上げて2024年のトレンドを探り、イタリアの保険会社Eurovitaの債務超過とその後の救済の背景について掘り下げます。
Article
Milliman Climate Change Reporting Barometer
02 March 2024 - by Fanny Pouget, Jeremy Payen, Joanne Buckle, Adél Drew, Sinéad Clarke, José Silveiro, Aldo Balestreri, Tigran Kalberer, Menno van Wijk
We expect the gap to close between European (re)insurers, disclosures, and TCFD recommendations as a new format for sustainability reporting starts in 2025.
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
オプションおよび保証のリスクニュートラル評価における信用リスクモデル
19 August 2020 - by Grzegorz Darkiewicz, Ed Morgan, Aldo Balestreri
リスクニュートラル評価での金利リスクおよび信用リスクの組み合わせは、経済シナリオジェネレータのプロバイダーから一般的にどのように提供されるのでしょうか？
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
Transition to IFRS 17
19 June 2017 - by Aldo Balestreri, Sjoerd Brethouwer, Andrew Gilchrist, William Hines, Andrew Kay
This paper discusses the possible approaches to transition and the main challenges that (re)insurers will face during the transition to IFRS 17.
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。