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Reviewing and Preparing Your Captive’s Reserve Analysis

Reviewing and Preparing Your Captive’s Reserve Analysis

by Lucy Zhang and Enoch Starnes, ACI | Mar 9, 2021 | General

An actuarial reserve analysis provides a professional opinion regarding the loss reserves required for unpaid claims incurred as of a specific date (commonly referred to as the evaluation date) and is typically prepared to meet regulatory or financial reporting...

The Bornhuetter-Ferguson Method

by Lucy Zhang and Enoch Starnes, ACI | Feb 14, 2019 | Loss Development and Trend

Actuaries will use multiple actuarial methods to determine the estimated ultimate losses when completing an actuarial analysis of unpaid claim liabilities. The Bornhuetter-Ferguson (B-F) method and the development methods (also known as chain ladder methods) are two...

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