Claims Reserving

Claims Reserving is a key area of focus for insurance company management and is often the key area of judgment in the balance sheet of a non-life insurer. Over the last couple of decades actuaries have become well-established in non-life claims reserving in Ireland.

In 2001 the Financial Regulator introduced a statutory requirement for actuarial certification of reserves for direct writers. This has recently been extended to Reinsurers.

We can provide Statements of Actuarial Opinion (Actuarial Certification) for all lines of non-life business, whether for direct writers, reinsurers or captives.

LCP's experienced claims reserving team would be happy to talk to you about our services in this area.

Contact us for further information.