The Summary of Losses and Reserves report from one of my files is comprised of different columns than the same report from another file. Whats causing this variation?

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The Summary of Losses and Reserves report from one of my files is comprised of different columns than the same report from another file. Whats causing this variation?

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Three of ReservePro’s summary reports have special behaviors—they automatically adjust based on the data in the file for ultimates (e.g., loss, ALAE, or claims) and IBNR amounts (e.g., loss reserves or ALAE reserves). One of our clients jokingly nicknamed these as the “Presto Change-O” reports since they seem to “magically” change by themselves. Besides the report that you mentioned (report ID# 1), the other reports that adjust based on available data are the Summary of ALAE and Reserves (report ID# 10) and the Summary of Claim Counts (report ID# 20). For example, if your file includes data for paid losses, case loss reserves, IBNR loss reserves, and selected ultimate loss amounts, the Summary of Losses and Reserves report presents seven columns of information: • Paid loss • Case loss reserves • Incurred loss (1+2) • IBNR loss reserves • Incurred plus IBNR loss (3+4) • Indicated change in loss reserves • Ultimate loss (5+6) However, if you don’t have any ultimate loss amounts, only t

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