Our role in the premium review process is to update forecasts of the projected losses for the insurer at various confidence levels. The projected losses are then loaded for expenses, investment income, and an explicit risk margin. We are approved in most captive domiciles, including AL, AZ, DC, DE, HI, KY, MO, MT, NC, NV, OK, OR, SC, TN, UT, VT, and Bermuda.
Rate Filing support
For admitted insurance carriers, we will prepare the necessary actuarial exhibits and rate certifications to be filed with state departments of insurance.
Loss Reserve Certifications
Our role in the loss reserving process is to assist management by assessing the adequacy of the liabilities carried on the balance sheet of the insurer. We will provide a Statement of Opinion ("SAO"), an Actuarial Opinion Summary ("AOS"), and an Actuarial Report documenting the scope of our analysis, the methods used, significant assumptions, and conclusions.