Loss Reserving for Small Companies

Actuaries working for smaller companies face loss reserving challenges that may require special techniques. This session will focus on some special situations encountered by “small company” actuaries, including availability of data, data processing support and communication of results to management. Panelists will discuss the role of the actuarial department in a smaller company, and will discuss how they have developed practical adaptations of loss reserving systems to best serve small company environments.