What is Pool data?
Pool data is quarterly financial and actuarial data for the residual market. This data is reported by servicing carriers of the NCCI-managed reinsurance pooling mechanisms.
What is Pool data used for?
Pool data is used by NCCI to:
- Calculate cash settlements to servicing carriers
- Estimate Earned But Not Reported and Incurred But Not Reported reserves
- Generate financial statements for the Pool reinsurance agreements, including each Pool participant’s share of both cash transactions and reserves
What resources are available for Pool data?
Tools and Services
-
Pool Financial Data Collection (PFDC) tool—Allows servicing carriers of NCCI-managed Pools to view, upload, enter, validate, correct, and authorize their company's quarterly residual market premium and loss data.
-
Data Manager Dashboard (DMD)—Helps you monitor your group’s Pool data reporting performance. This tool provides current and historical timeliness and quality data reporting trends.
Reporting Resources
-
Pool Data Reporting Guidebook—Contains the reporting requirements for reporting data to the reinsurance pooling mechanisms, coding values, record layouts, examples, and the Pool Data Edit Matrix.
-
Servicing Carrier Reference Guide—Provides servicing carriers and direct assignment carriers with procedures and compliance requirements regarding assigned risk workers compensation insurance plans and reinsurance pooling mechanisms. This reference guide complements the
Pool Data Reporting Guidebook.
-
Data Quality Guidebook—Contains the program rules and criteria for each of NCCI’s Data Quality Compliance Programs. It also includes NCCI’s approach to data quality, details for cross-data type comparisons, and workflows for data quality best practices.
-
Electronic Transmission User’s Guide—Contains the requirements for preparing and submitting test and production files for all NCCI data types. It also includes information for receiving data files and extracts electronically.
