Company The name “Wort & Zahl” reflects the company’s philosophy. From letters to numbers Principles rule the regulated world of insurance, be it IFRS 17, Solvency 2 guidance or MCEV. All of these frameworks were developed to be applied in a variety of fundamentally different markets and thus need to be interpreted for each country and for each product. There is no standard solution that could replace experience and patience. Increasingly, the same also applies for national regulations, for example in German commercial law in connection with the formation of valuation units of account. The recently founded consulting company Wort & Zahl is backed up by my many years of practical experience as an actuary. I have analysed valuation guidance for more than 15 years and will be happy to help you make the best choices for your company. From numbers to letters The full benefits of a calculation are only realised if the result is understood by all the participants. Management, investors, regulators and internal departments have different expectations and knowledge. Clear communication of actuarial information oriented towards the recipient is as important as the content itself. I therefore attach great importance to effective communication.