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Foundations of Casualty Actuarial Science

c. Evaluation of the conflicting results of the various
reserve methods used, with an attempt to
reconcile or explain the different outcomes. At
this point the proposed reserving ultimate amounts
are evaluated in contexts outside their original
frame of analysis.

d. Monitor projections of reserve development over
subsequent calendar periods. Deviations of actual
development from projected development of
counts or amounts are one of the most useful
diagnostic tools in evaluating accuracy of reserve
estimates.

115. In loss reserving, the focus is on grouping data that
displays similar:
a. loss emergence patterns - the length of time between
loss occurrence and report, and
b. loss settlement patterns - the length of time
between the loss report and settlement.

116. Data Analysis
Before the analyst begins to project immature loss data

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