Actuarial Services
We provide traditional Actuarial services for the maintenance and operation of your (CHIC'S):
- Evaluation of unpaid losses and loss adjustment expense reserves
- Analysis of reinsurance recoverable
- Analysis of reserve variability
- Confidence level reserving
- Statements of Actuarial Opinion
- Projected payment patterns and reserve discounting
- Calculation of reserve durations
- Loss and LAE reserves as of year end for tax purposes using IRS interest rates and payment patterns
- Pricing and Ratemaking
- Projection of future expected losses
- Claim cost and frequency trends
- Projection of cash flows
- Quantification of risk