KPMG Promotes Lourens De Coning To Director
KPMG in Bermuda has promoted Lourens de Coning to Director in Financial Risk Management [FRM], effective January 1, 2026.
A spokesperson said, “Lourens has been pivotal in expanding the firm’s life, annuity and health [re]insurance capabilities, helping clients address significant recent regulatory and accounting change, unlock growth and manage risk with confidence. His work spans both advisory and audit support across the life and health sector, including Approved Actuary engagements, reserving validation [across Regulatory, US GAAP and IFRS frameworks], product pricing, capital calculations, licence application support, independent expert, governance and model risk management, as well as actuarial transformation.
“Lourens has played a key role in accelerating the growth of our dedicated life and health actuarial practice in Bermuda, to complement our non-life actuarial practice, given Bermuda’s growing strength as a globally recognised life [re]insurance market. Under his leadership, the practice is expanding to meet strong client demand, supporting new advisory mandates and onboarding significant life and health audit engagements. A trusted adviser in the life and health market, Lourens works closely with regulators and industry bodies to help our clients achieve compliance and enabling growth.
“Lourens is a Chartered Fellow Actuary of the Institute and Faculty of Actuaries and a Fellow Actuary of the Actuarial Society of South Africa. He is active in a range of KPMG working groups on technical topics and locally with Bermuda International Long-Term Insurers and Reinsurers [BILTIR] and the Actuaries of Bermuda Club. Lourens regularly shares insights at local industry and at regional events.”
Brian Morrissey, Actuarial Partner, KPMG Islands Group, said: “having worked closely with Lourens, his promotion to Director is well deserved and it recognises his leadership in the life and health sector and the impact he delivers for our clients. He has built a high‑performing life and health actuarial capability in Bermuda which has further strengthened our KPMG Islands Group actuarial delivery capability and helped our clients navigate complex accounting and regulatory challenges. We are excited to see this momentum continue as we scale our teams and range of services across our Islands Group including Cayman, Caricom, the Crown Dependencies and Malta”.
Adam Smith, Partner, Head of Advisory and Head of Insurance for KPMG Islands Group said: “Lourens’s promotion underscores KPMG’s commitment to our continued investment in the life and annuity sector in Bermuda, and further enables bringing the breadth of our service offerings across FRM actuarial, audit, deal advisory, internal audit, risk and governance, technology and transformation capabilities in Bermuda and across our KPMG Islands Group.”
