While improvements in governance and regulatory oversight over the last two decades have equipped audit committees with a greater understanding of what the risks are to reserves, there is little information available regarding how audit committee members should challenge actuaries and management to ensure that risks are being identified, clearly reported, and addressed.

Individual claim models (ICMs) is an emerging area of research and practice which uses individual claim level data to estimate loss reserves. Learn how technology makes ICMs more accessible, and applications for the approach.

Learn about issues to consider in the ongoing transition to principles-based reserving.

Read our observations on the cyclical nature of P&C reserves and solutions for mitigating it.