Furthermore, using generalised linear models (GLMs) or incorporating innovative techniques such as stochastic loss reserving and adaptive reserving can not only improve the quality and usefulness of the reserving outputs, but also improve the efficiency of the overall reserving process.

If this already sounds like your reserving process, then it is unlikely that we can add further value.

If it does not, then perhaps it would be worthwhile to talk to someone at Taylor Fry. While we have many ongoing reserving clients, we also specialise in one-off assignments focussing on knowledge transfer. We combine leading edge technical ability and commercial pragmatism. Our emphasis is on assisting you to move through and beyond industry mainstream practice and to generate the optimal value from your reserving process.

Click here for a presentation which provides further information. Alternatively, please follow the links on the right for a detailed walkthrough of the reserving process employed by the Centre for reserving excellence.

If you would like to find out more about our services and whether we could be helpful for your company, please contact Greg Taylor or Paul Driessen in our Sydney office.