CAS Calendar of Events
Cash Flow Case Reserving and Triangle Restatements Webinar
February 15, 2018
This session will present a formulaic cash flow approach for setting individual case reserves for long-tail lines such as workers’ compensation. This approach incorporates claim adjuster estimates of short-term costs along with key assumptions (e.g. medical inflation, discount rate, mortality tables) that impact those costs over time. Also introduced is a reserving method that creates more consistent triangles by restating individual case reserves from prior diagonals to reflect the key assumptions that underlie the current diagonal. This is similar to an extension of exposures technique but for claims in a loss triangle.
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