Hi everyone, asking all reserving actuaries...
Without disclosing too much information about your respective company, I would really appreciate it if you could share the general reserving process at your company.
For example, does your company use third parties (consulting actuaries) to come up with reserves, or does the reserving team come up with the reserves and then the Chief Actuary's team reviews the adequacy?
Thanks in advance!
Without disclosing too much information about your respective company, I would really appreciate it if you could share the general reserving process at your company.
For example, does your company use third parties (consulting actuaries) to come up with reserves, or does the reserving team come up with the reserves and then the Chief Actuary's team reviews the adequacy?
Thanks in advance!
General Reserving Process
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