Financial Condition Report
Report by an actuary on the financial condition of a general insurance company which is required at least every three years.
Liability Valuation Report
Report by an actuary on the outstanding claims liability of a general insurance company which is required at least annually.
Analysis of Claims Experience
A statistical analysis of the claims experience of an insurance company with a view to establishing adequate reserves, determining premium rates or selecting policy terms. A statistical analysis of the claims experience of an entity (other than an insurance company) with a view to negating premiums and deductions with an insurance company or establishing a captive insurance company.
Pricing
Determining a suitable premium rate structure through the analysis of claims, review of policy conditions and/or marketing program.
Captive Insurance Company Consultation
Review the performance of a current captive insurance company or explore the feasibility of establishing a captive insurance company.
Workers Compensation Self Insurance
Review the claims experience of workers compensation self insurers and prepare the required annual reports. Advise entities on the feasibility of self insurance for workers compensation claims.