November is here, and the time is quickly approaching for most companies to complete their annual actuarial report for retained liabilities. As you begin preparing for your company’s year-end 2021 analysis, review the list of tips below to help ensure this process is...
Most companies and their consulting actuaries complete an actuarial analysis annually at minimum in order to assist in determining booked reserves for outstanding losses & LAE in their year-end financial statements. As the estimates are revised year to year,...
A workers compensation loss analysis can be utilized in a number of ways depending on the situation and needs of the user. Reserve certification, satisfaction of self-insurance requirements, negotiation of security requirements and letters of credit, insurance...
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...
Many companies don’t believe that their retained liabilities are big enough or complex enough to warrant hiring an actuary. Therefore, internal calculations are often completed using spreadsheets or various software tools. In some situations, these calculations may...
Early last year, I visited the USS Midway Museum in San Diego. The museum offers tours of the decommissioned aircraft carrier, led by docents, many of whom served on the USS Midway or another vessel. As I toured the bridge and entered the chart room, the docent...
Terms: Your agency can offer this service to 100 of your firm’s top commercial clients with 1,000 employees or less.
Questions? Send us a note at support@sigmaactuary.com.
For teams up to 10 users, additional users can be added for $1500 per user
Each license includes:
Loss Forecaster
LORAN
Assessment Tools
Resource Library
Training
Questions? Send us a note at support@sigmaactuary.com.
Allows for unlimited users within your organization. We will call you to discuss pricing.
Each license includes:
Loss Forecaster
LORAN
Assessment Tools
Resource Library
Training
Questions? Send us a note at support@sigmaactuary.com.