May 17, 2012 - Actuarial Committee Update

Posted Date: May 17, 2012
    

Industry InformationNCCI Actuarial Committee

The Actuarial Committee met via Web teleconference on Thursday, May 17, 2012. The major topic covered at this meeting was:

  • Loss Reserve Analysis (ACT-12-04)
    NCCI completes a private carrier loss reserve analysis annually, including a review of various approaches for reasonableness and stability over time. This year, staff continued to review claim and reserve diagnostics, and the "prior" line reserve adequacy. At the meeting, staff presented the results of its recent analysis.

Please refer to the minutes for any pertinent meeting discussion. The presentation for the Loss Reserve Analysis is contained in the Agenda.

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May 17, 2012 Agenda (PDF)

  • Loss Reserve Analysis (ACT-12-04)

May 17, 2012 Minutes (PDF)