Reserving
We have considerable experience of reserving across a broad range of classes, for Lloyd’s syndicates, specialist insurers, captives and mutuals and for a variety of purposes including solvency reserving and M&A.
We are actively engaged with our clients to improve the quality of their reserving and in particular their modelling 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 are currently working with a number of insurers to re-engineer their reserving processes in line with the Solvency II technical provisions requirements and to cope with the forthcoming accounting changes from the IASB/FASB.
We have particular expertise in the issues surrounding periodical payment orders (PPOs). We are helping insurers to understand and prepare for the growing impact that PPOs will have on their reserving, pricing and reinsurance.
