Call Toll-Free: 866-ACTUARY

support@sigmaactuary.com

RISK MANAGEMENT BLOG

Get the Latest News from SIGMA

Our blog is regularly updated with topics that timely and relevant, including analytical issues, benchmarking, loss control, captives and pool issues, and much more.

SUBSCRIBE TO OUR BLOG

Utilizing a Pure Loss Rating Matrix

By Jason Luckett, Actuarial Consultant & Sam Rhodes, Actuarial Analyst on July 25, 2022

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 losses for the 2023 policy year can be seen below. XYZ. Inc.2023 Aggregate […]

Mid-year 2022 Actuarial Report Prep

By Michelle Bradley, ACAS, MAAA, ARM, CERA, CCIS on June 22, 2022

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 reports can help eliminate year-end surprises and manage overall financial reporting. This may be particularly helpful […]

Enterprise Risk Management

By Michelle Bradley, ACAS, MAAA, ARM, CERA, CCIS on June 1, 2022

Michelle Bradley, Consulting Actuary at SIGMA Actuarial Consulting, and Chrystina Howard, Vice President of Client Analytics at HUB International, recently authored an article for Captive Insurance Times titled, "Enterprise Risk Management.” In this article, Michelle and Chrystina explain why it is important for an organization to implement an effective ERM approach, as well as the […]

Tracking Estimated Required Reserve Changes for Captives

By Michelle Bradley, ACAS, MAAA, ARM, CERA, CCIS, Consulting Actuary and Enoch Starnes, ACI, Captive and Complex Risk Consultant on May 25, 2022

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, well-understood coverages to emerging perils with limited historical information. No matter what risks are placed into a captive, it will at […]

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

By Alex Leaf, Actuarial Analyst on April 25, 2022

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 cell formulas which can make the learning process much easier. Using […]

Workers Compensation Benchmark Loss Projections

By Jackson Rhodes, Actuarial Analyst on March 28, 2022

Calculating a benchmark loss projection for workers compensation requires two key pieces of data: loss costs and payroll, each broken down by state and class code. While payroll amounts are typically available to companies from internal sources, loss cost information must be gathered externally. Currently, thirty-four states around the US engage NCCI as their advisory […]

« Previous 1 … 4 5 6 7 8 … 28 Next »

Copyright © 2023 – 2024 SIGMA Actuarial Consulting Group, Inc. All Rights Reserved.