Business case
A leading insurance group sought to review the organisation of its treasury portfolio, which included heterogeneous resources without a clear distinction between operating cash flows, pure treasury assets and own-account assets. The objective was to assess portfolio split scenarios to improve financial steering, economic visibility and governance.
The project included stakeholder interviews, mapping of treasury liabilities, assets and cash flows, and a detailed asset-liability analysis of the portfolio. Several separation scenarios were assessed against the status quo, covering financial performance, accounting impacts, prudential treatment, operational feasibility, organisational implications, IT constraints and governance requirements.
Accuracy collected and analysed portfolio data, formalised alternative treasury operating models and quantified their financial, accounting, prudential, organisational and IT impacts. We prepared decision materials highlighting benefits, constraints, implementation options and key points of attention to clarify treasury steering and strengthen economic visibility.