Michelle Bradley and Enoch Starnes recently authored an article for Captive International titled “Loss Development Factors: A Primer for Captives”. In it, they summarize the basic attributes of loss development factors, discuss their impact on retained risk, and respond to common questions regarding their use. While the SIGMA team has written in the past about […]

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 marking the 15th Anniversary of its initial release. Even in light of the […]

For many years, SIGMA has had the pleasure of knowing and working with Steve Coombs, CPCU, ARM.  Steve recently co-authored the 2nd Edition of Workers Compensation Guide: Coverage and Financing published by The National Underwriter Company. I bought the book and found it to be a straightforward summary excellent for experienced workers compensation professionals and […]

A picture can be worth a thousand words.  Or, in this case, a "map" can be an easy way to explain how the terminology used by actuaries fits together in one diagram. If you are a broker, you will eventually discuss with some of your clients the following terms and how they all work together: […]