Author: Jason Luckett, Actuarial Consultant

Navigating Premium Deficiency Reserves

SIGMA is pleased to announce the release of our newest educational resource, the Premium Deficiency Reserve Calculation sample. This resource provides an illustrative example of the calculation of a premium deficiency reserve (PDR). A company must record a PDR when the unearned premium of in-force business is not sufficient to cover the losses, loss adjustment […]

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