Life insurance in Luxembourg

Luxembourg has achieved its ambition to make insurance the third pillar of its financial sector, along with investment funds and banking.

It is essential for players engaged in the insurance industry to understand the specificities of the markets in which they operate.

In collaboration with PwC's subject matters experts, PwC Academy has developed a series of 3 training modules to make a first step into the life-insurance, non-life insurance and reinsurance markets in Luxembourg and understand their key concepts and challenges.

This module focuses on life insurance. You may also be interested in the following 2 modules:

• Non-life insurance in Luxembourg (2h)
• Reinsurance in Luxembourg (2h)

By the end of this training, participants will be able to:

• understand the main characteristics of the Luxembourg life insurance market (products, players, main business models etc.);
• understand the current and future challenges that affect the market and drive its transformation;
• understand the key elements of the Luxembourg life insurance regulatory environment..

The training is composed of 4 sections:

• The Luxembourg insurance market at glance – Key figures
• The Luxembourg insurance market – Distribution
• Life insurance in Luxembourg – Products, pricing and reserving
• Product challenges

This training is coordinated by Anthony Dault, Partner at PwC Luxembourg. It will be delivered by experts from PwC Luxembourg's Insurance sector, who have acquired in their daily work a significant and detailed experience of the issues faced by insurance market players. (Depending on the needs expressed, PwC Luxembourg may mobilise experts within its network).

Anthony Dault is a partner specialising in insurance and reinsurance with over 20 years of experience gained through PwC’s Luxembourg and Paris practices. He leads audit engagements for multinational subsidiaries under various reporting frameworks, overseeing the insurance audit line and managing operations and HR for audit staff. Anthony directs both technical and non-technical training curricula and external training in this field. Beyond audits, he leads insurance regulatory solutions focusing on ESG/SF, AML/KYC, cross-border distribution, and compliance support. He has successfully delivered regulatory licensing and restructuring projects from strategic planning to operational setup.