Re: Claims Reserving Software

( JoAnn_O'Hara@notes.pw.com )
Fri, 19 Jun 98 16:08:48 EDT

The Affinity reserving software soon to be marketed from
PricewaterhouseCooper's by myself, JoAnn O'Hara and Stephen Urbrock, as opposed
to only Price Waterhouse, contains two templates for confidence interval
analysis: Bootstrapping and Thomas Mack (Loss Development with Standard error
and tests).

The methods are based in Excel and provide the opportunity to see the
methodology completely "played out" in the spreadsheet environment including
formulas and arrays that are modifiable and "resizeable".

RESQ - the English, Matthews and Brockman product from the United Kingdom has a
Stochastic Module, I'm not sure of its contents. It is marketed for additional
fees from their base system which competes with Affinity.

ICRFS - Is a stand alone statistical package marketed and developed by Ben
Zenwirth out of Australia. I know some clients using the product in conjuction
with Affinity or REservePRo (the Cooper's reserving product which doesn't
contain advanced methods you are requesting yet). It is expensive, however,
extremely powerful utilizing advanced statistical knowledge. I believe Dual
Regression is the focus here.

If you need any more information please feel free to contact me directly.

JoAnn O'Hara
JoAnn_O'Hara@notes.pw.com

sebtan@singnet.com.sg on 06/14/98 11:43:09 PM
To: casnet@lists.casact.org @ Internet
cc:
Subject: Claims Reserving Software

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I am interested to know the different reserving software in the =
marketplace, especially those that allow a confidence interval analysis =
(Bootstrap and Thomas Mack's method). =20

Does anybody have a recommendation?

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I am interested to know the different reserving =software in=20the marketplace, especially those that allow a confidence interval =analysis=20(Bootstrap and Thomas Mack's method).  
 
Does anybody have a =recommendation?
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