Reserving sits at the heart of non-life (general insurance) actuarial work, and getting it right drives an insurer's profitability, solvency, and credibility with regulators and auditors. This 20-slide deck, built by a practicing actuary, delivers a thorough, visual walkthrough of the methods and the judgment behind estimating unpaid claims, combining technical rigour with the practical context that turns techniques into defensible reserve estimates.
The deck starts with why reserving matters and the core terminology every analyst needs, including case reserves, IBNR, IBNER, ALAE and ULAE, and ultimate losses. It then explains the claims development triangle using a custom visual that clearly separates known from unknown cells, making the foundation of every method intuitive. From there it works through the principal deterministic methods: the chain-ladder (development factor) method, the Bornhuetter-Ferguson method, the expected-loss-ratio and Cape Cod approaches, and frequency-severity modelling, with the strengths and weaknesses of each set out side by side.
The deck then moves into stochastic reserving, covering the Mack method, bootstrapping, and generalised linear models, so you can quantify reserve uncertainty rather than rely on a single point estimate. It addresses tail-factor estimation and the diagnostic testing needed to validate results and challenge assumptions. A dedicated section on technical provisions covers the best estimate, discounting, and the risk margin, linking reserving directly to modern regulatory and reporting frameworks.
The closing sections bring the discipline together: the reserving cycle as a controlled, repeatable process, how to communicate ranges and uncertainty to non-technical stakeholders, the common pitfalls that distort reserves, and a practical summary of what good reserving looks like.
Designed for non-life actuaries and reserving analysts, finance and audit teams reviewing reserves, consultants, and students preparing for general insurance examinations, this is a fully editable 16:9 PowerPoint in a clean, professional consulting style. Adapt it for internal training, peer review, audit support, or client delivery without building from scratch.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Insurance PowerPoint Slides: Actuarial Reserving for Non-Life Insurance PowerPoint (PPTX) Presentation Slide Deck, Data Analytics Actuary
|
Download our FREE Strategy & Transformation Framework Templates
Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more. |