Premium Deficiency Reserve Evaluation for Mortgage Insurers

Abstract
This paper will provide practical guidance for the actuary evaluating premium deficiency reserves for mortgage insurers. The paper includes a brief discussion of the premium deficiency accounting considerations for mortgage insurance, and introduces a practical deterministic approach for evaluating whether a premium deficiency reserve is necessary for mortgage insurers.

Keywords: Mortgage insurance; premium deficiency reserve; PDR

Volume
Fall
Page
1-33
Year
2015
Categories
Actuarial Applications and Methodologies
Reserving
Premium Deficiency Reserves
Publications
Casualty Actuarial Society E-Forum