Sara Águas is now leading the actuarial department at Abanca Seguros
Summary
Sara Águas has taken on the role of responsible actuary for Abanca Seguros in Portugal, starting her duties in May. She brings nearly 20 years of experience in life insurance, actuarial reserving, Solvency II, IFRS 17, and product development. The article also explains that Portuguese insurers and reinsurers must appoint an actuary responsible for this key governance function, subject to ASF approval. Abanca continues to expand its insurance business through bancassurance following its acquisition of Eurobic and its broader insurance distribution activity.
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