Loss Reserve Analyses

  • Evaluation of unpaid loss and loss adjustment expense reserves

  • Analysis of excess insurance recoverable

  • Analysis of adverse development (reserve variability)

  • Confidence level reserving

  • Statements of Actuarial Opinion

  • Projected payment patterns and reserve discounting

  • Calculation of reserve durations

  • Loss and LAE reserves as of year end for tax purposes using IRS interest rates and payment patterns

  • Projection of future expected losses

  • Analysis of claim cost and frequency trends

  • Projection of cash flows

  • Quantification of risk (variability)

  • Evaluation of excess insurance retention options

Group Self-Insurance

  • Determine funding plans

  • Evaluation of the cost/benefit tradeoff of various excess insurance retentions on the funding plan

  • Determine the effect on expected losses and variability due to alternate levels of deductibles

  • Development of experience rating plans

  • Development of return policies and/or distribution formulae

  • Analysis by rating classification, to assist the client in its loss prevention efforts and rate setting decisions

  • Analysis of loss experience

  • Analysis by rating territory and classifications

  • Analysis of competitive position within the marketplace

Data Management Services

  • Claims system evaluation

  • Data integrity analysis consultation

  • On-site data management instruction forums

  • Data reporting consultation

  • Automated data balancing abilities

Funding Analyses

Ratemaking Analyses