KMS has the experience, knowledge and expertise to assist a client through an ever increasing number of finality solutions.

With an unrivalled reputation in run-off management, KMS is ideally suited to manage your optimal exit strategy.

Reducing the volatility surrounding your discontinued book, maximizing your return of capital or minimising your risk premium from your discontinued business is our goal. In assessing what strategy is best, KMS provides the required experience and knowledge to implement any of the following finality solutions:

• Sale
  Removes liabilities from a balance sheet immediately. However, potential buyers will almost certainly be looking for significant discounts. In addition, the potential complexity of such transactions can significantly delay finality. KMS provides assistance in preparing a company or a portfolio for sale, helps in finding a buyer and will also implement the associated due diligence.
• Sale of Distressed Debt
  Once again this removes exposure from a balance sheet immediately. KMS provides assistance in finding a buyer and will facilitate the sale of debt for both parties.
• Part VII Transfer
  Can be used to reduce the number of entities within a group, which may impact solvency requirements. Can often improve a group's ability to scheme or sell. KMS has detailed knowledge of the timeline and administration requirements necessary for a successful transfer
• Schemes of Arrangement - Solvent and Insolvent
  Can ultimately extinguish liabilities completely, thus removing long-term uncertainty. Requires support from the majority of policyholders, however finality can be achieved in a relatively short period. KMS can establish what you can and cannot scheme. We have extensive experience in the administration and management of solvent and insolvent Schemes of Arrangement including policyholder negotiations. It should be noted that not all business classes are schemeable .
• Commutation
  Ideally suited to books with a small number of policyholders. Can take an appreciable amount of time to complete as individual negotiations will need to be implemented with each policyholder. KMS can bring finality through a proactive commutation strategy:
  
  - by insured / reinsured
  - by programme
  - by portfolio
  
  In addition, we can assist in the planning and implementation of such a strategy from start to finish and ensure optimum response of reinsurance programmes.
• Reinsurance
  Can be arranged in a relatively short time. However, liabilities are not extinguished from the balance sheet. In addition, there is some potential future risk, however small, of reinsurer solvency. KMS can assist in the appropriate use of reinsurance to reduce run off portfolio exposure.
  
• Captives
  KMS provides assistance with regard to Captive Insurance Companies. If you are considering closing a captive insurer, KMS can help in this often burdensome process.