GI reserving • Actuarial Forums

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June 9, 2019 at 4:45 pm #23442
arya3340
Participant
What are real life challenges which actuary faces while calculating reserves?

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June 9, 2019 at 4:48 pm #24703
Mayank Goyal
Keymaster
~~arya3340 wrote:~~

What are real life challenges which actuary faces while calculating reserves?

Sent from my ONEPLUS A6000 using Actuarial Info mobile app

Many, selection of method, smoothening, reconciliation with finance, mix of business, treaties written, reinsurance taken and further each method, each reinsurance treaty has its own advances and disadvantages.

You can read about method selection on our blog.

https://theactuarialclub.com/category/actuaries/reserving/

Feedback would be appreciated )

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June 9, 2019 at 4:59 pm #24704
arya3340
Participant
Thanks Mayank

~~Mayank wrote:~~

~~arya3340 wrote:~~

What are real life challenges which actuary faces while calculating reserves?

Sent from my ONEPLUS A6000 using Actuarial Info mobile app

Many, selection of method, smoothening, reconciliation with finance, mix of business, treaties written, reinsurance taken and further each method, each reinsurance treaty has its own advances and disadvantages.

You can read about method selection on our blog.

https://theactuarialclub.com/category/actuaries/reserving/

Feedback would be appreciated )

Sent from The Actuarial Club mobile app

Sent from my ONEPLUS A6000 using Actuarial Info mobile app
June 9, 2019 at 5:09 pm #24705
Mayank Goyal
Keymaster
No issues

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