Stefan Claus

Technical Head of Division - General Insurance

Biography

Stefan is a qualified actuary and the technical head of the Bank’s Insurance Directorate.

He is responsible for thematic and horizon-scanning activities that impact the life and general insurance industry.

Earlier this year he lead the roll-out of the 2022 insurance stress test – covering natural catastrophe & cyber related scenarios for general insurers, and market & longevity scenarios for life insurers.

In 2021 he lead the insurance aspects of the Bank’s Climate Biennial Stress Test (CBES), including developing the Bank’s first exercise to explore the potential implications of climate litigation.

He is also responsible for assessing the implications of machine learning on the insurance sector, and to this end has recently completed a Data Science Master’s course.

Before he joined the Bank, Stefan was Head of Actuarial Risk Modelling at Allianz Global Corporate and Speciality, and most recently a director at KPMG.