Risk Management Blog
Get the Latest News from SIGMAOur blog is regularly updated with topics that timely and relevant, including analytical issues, benchmarking, loss control, captives and pool issues, and much more.
Analytical Spring Cleaning
Over the past year the SIGMA team has received multiple requests from our clients for more detailed and frequent analysis of loss and loss adjustment expense reserve funding levels. In a recent article published in Captive International, Lori Ussery discusses several...
Common Questions on Warranty Risks and Coverages
Can you provide a basic definition of warranty coverage? Without getting into the terminology yet, “warranty coverage” typically covers a product that fails to work as intended before it reaches its operational life expectancy. This is different from the product...
Reviewing and Preparing Your Captive’s Reserve Analysis
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...
SIGMA’s Collateral Survey Results
In the last quarter of 2020, SIGMA Actuarial Consulting Group invited a group of insurance brokers, risk management consultants, and risk management staff of self-funded concerns to participate in a survey regarding collateral. This survey was similar to the ones...
Loss Development Analysis for Captives
Recently, Captive International published an article by Enoch Starnes and Michelle Bradley addressing the implications of loss development factors and patterns for captives. Since SIGMA’s educational resources related to loss development factors, loss development...
SIGMA’s Highlights of 2020
Despite the challenges presented throughout 2020, the SIGMA team has continued to focus on growth, education, and superb service for our clients. Fortunately, our efforts in these areas have not gone unnoticed, as our staff, both individually and collectively, has...