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Visualizing Ultimate Loss Components

by Michelle Bradley, ACAS, MAAA, ARM, CERA, Consulting Actuary and Enoch Starnes, ACI, Actuarial Consultant | Apr 12, 2023 | Loss Control, Training Resources

SIGMA is pleased to announce that an updated version of one of our most popular educational resources, the Loss Map graphic, is now available. As part of the revision process, this one-page document has been expanded to include helpful definitions for the components...

‘An Actuarial Advantage’ Has Been Revised!

by SIGMA Actuary | Oct 20, 2022 | Loss Development and Trend, Self-Insurance, Captives and Pool Issues, Training Resources

Fifteen years ago, Tim Coomer created “An Actuarial Advantage” with the goal of educating his fellow insurance colleagues on actuarial concepts and methodology. With well over 100,000 copies of the book now in circulation, we are excited to publish a new edition...

Mid-year 2022 Actuarial Report Prep

by Michelle Bradley, ACAS, MAAA, ARM, CERA | Jun 22, 2022 | Loss Development and Trend, Training Resources

At the end of 2021, we offered guidance on preparing for a year-end actuarial analysis. June is now here, and many companies are considering a mid-year actuarial report for retained liabilities and prospective loss projections.  Quarterly or semi-annual actuarial...

Excel Tips for Loss Runs – Filters, Pivot Tables, and Formulas

by Alex Leaf, Actuarial Analyst | Apr 25, 2022 | Training Resources

Excel is often seen as a foundational tool for anyone wishing to navigate and organize large sets of data, but getting acclimated to working in Excel can feel like a daunting task. Thankfully, there are numerous easy-to-learn tools such as filters, pivot tables, and...

Year-end 2021 Actuarial Report Prep

by Michelle Bradley, ACAS, MAAA, ARM, CERA | Nov 4, 2021 | Collateral Issues, Loss Development and Trend, Training Resources

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...

Reserve Reconciliations

by Lori Ussery, Actuarial Consultant | Aug 18, 2021 | Loss Development and Trend, Self-Insurance, Captives and Pool Issues, Training Resources

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,...
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