Reserving
We have considerable experience of reserving across a broad range of classes of insurance activities, for traditional insurers, specialist insurers, reinsurers, captives, mutuals, Lloyd's syndicates and for a variety of purposes including solvency reserving and Mergers and Acquisitions.
We are actively engaged with our clients to improve the quality of their reserving and in particular their modeling of reserving uncertainty. This includes helping clients to improve their data systems and management reporting as well as implementing techniques to supplement or improve upon traditional triangle-based methods.
We can assist you in setting up your reserving policies including IBNR and re-engineering your reserving processes in line with the Solvency II technical provisions requirements and to cope with the forthcoming accounting changes from the IASB/FASB or other.
We have particular expertise in the issues surrounding Periodical Payment Orders (PPOs). We can help insurers to understand and prepare for the growing impact that PPOs will have on their reserving, pricing and reinsurance.
We have the necessary tools to perform life insurance reserve calculations on a policy per policy basis.