Tracking estimated required reserve changes for captives
Metadata¶
- URL: https://www.captiveinternational.com/contributed-article/tracking-estimated-required-reserve-changes-for-captives
- Author: Newton Media
- Publisher: www.captiveinternational.com
- Published Date: 2021-06-23
Highlights¶
- Depending on the complexity of the involved risk(s) and loss activity, lengthier versions of this exhibit might be used, but it can contain as few as five key numbers: * The prior reserve estimate * Changes in ultimate loss estimates for historical periods * Newly accrued liability for the current periods * Payments made on claims from all periods * The current reserve estimate