White Paper

Demystifying Premium Deficiency Reserves

Recent market conditions may result in wider applicability of premium deficiency reserves.

White Paper Summary

The terminology and recognition of premium deficiencies has become increasingly familiar to insurance companies in recent years. This is largely the result of soft market conditions which have motivated many companies to maintain premium pricing while incurring consistent or sometimes more unfavorable claim development in order to remain competitive. Higher loss ratios have resulted in wider applicability of premium deficiencies to companies within the property and casualty industry and have made it critical for management to gain an understanding of the conceptual basis, requirements and key factors that trigger recognition.



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The Risk List: Presented by Travelers

6 Risks for the Construction Industry

Drag and drop the tiles below to arrange them in your prefered order of most concerning risk (#1) to least concerning risk (#6). Then press "Submit Rankings" to see the summary results.

Shifting Workforce
Construction Defect
Contractual Risk
Site Protection