Defined Benefit plans (DB) – your balance sheet risk
Globally more and more DB plans have or are being exhausted, but still constitute a (large) risk to the balance sheet. DB plans are most often very expensive and very complex, so having DB plans on your balance sheet is much more than “just” an accounting exercise.
Insurance at Heart can introduce corporates to the cost drivers and balance sheet impactors, create the financial overview and bring you closer to understanding the underlying, volatile expensive drivers (such as the discount rate, inflation and the salary increase) so executives can avoid financial surprises and being at risk of financing large costs, which haven’t been budgeted for.
Insurance at Heart works with globally experienced partners on global pensions and actuarial insight.