Risk Management Blog
Get the Latest News from SIGMAVisualizing Risk Retention and Variation
Over ten years ago, Tim Coomer developed the “Cone of Uncertainty” graphic and wrote a corresponding article on the decisions surrounding risk assumption and retention levels. When Tim heard about concepts that SIGMA’s clients struggled to comprehend, he would often...
10 Quick Ratios to Health-Check Your Captive
In a recent article published by Captive International, Lori Ussery discusses “10 Quick Ratios to Health-Check Your Captive”. These ratios provide valuable insight into the overall financial viability of a captive and identify areas which may need focused attention....
Utilizing a Pure Loss Rating Matrix
When to Use a Pure Loss Rating Matrix When insureds are considering how to fund estimated liabilities for a future period, they will often use a loss projection and confidence interval to determine adequate funding. For company XYZ, Inc. projected workers compensation...
Mid-year 2022 Actuarial Report Prep
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...
Tracking Estimated Required Reserve Changes for Captives
Michelle Bradley and Enoch Starnes recently authored an article for Captive International titled "Tracking Estimated Required Reserve Changes for Captives”. The modern captive insurance landscape encompasses a wide array of risks, ranging from traditional,...
Excel Tips for Loss Runs – Filters, Pivot Tables, and Formulas
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...