Reserve Runoff Tests and Profitability: What Is the Impact from Lengthening Loss Development Factors?

OnDemand Webinar:

Reserving and pricing actuaries will often do tests of actual vs. expected development factors on at least an annual basis to help assess the patterns selected and corresponding Initial Expected Loss Ratios. Investigating early trends and changes in ground-up and excess patterns is critical to avoid the traditional year on year cascading affect on longer tail lines of business that can imperil companies balance sheets. This session will provide an update to our 2017 Verisk Webinar on linking loss development factors and profitability, and include impacts of potential lengthening of loss development factors in various markets.

Who Should Watch:
All levels of underwriting and actuarial pricing and reserving professionals

Presentation Date:
Monday, October 1, 2018

John W. Buchanan, FCAS, MAAA
Managing Principal, Excess and Reinsurance

Marni Wasserman, ACAS
Actuarial Analyst II, Excess and Reinsurance