Reserving Analysis and Impact Study - Industry Orientation and One-to-One Discussion with NMG Consulting
Reserving Analysis and Impact Study – Industry Orientation and One-to-One Discussion with NMG Consulting
PIRA, Inc. Invited members to provide insights into industry claim experience and impact on the change in the reserving framework, in partnership with NMG Consulting, PIRA, Inc. conducted 3 hour orientation on the results of the study.
- Presentation on the results of the reserving study on industry basis.
- Impact of the reserving basis change from old to new valuation standard.
- Insights into claim experience by class of business.
- Discussion on the issues and challenges faced by the companies in complying with the changes in the valuation standard.
Orientation was conducted by Ms. Caroline Wong of NMG Consulting, lead consultant for this study. It was held at the AIM Conference Center, Legaspi Village, Makati City, last December 13-15, 2017.