Towards the Optimal Reserving Process

The objectives of Towards the Optimal Reserving Process Working Party are to:

• investigate common practice within the reserving process and disseminate such information as required, ensuring practitioners are aware of such practices
• describe common issues relating to the reserving process and provide ideas around how to address these within the 'typical' reserving process
• consider emerging trends in reserving process requirements and identify potential ways to address these
• assist in making new reserving methods accessible to the wider Profession by providing practical steps to integrate them within existing reserving processes

Outputs:

2018

• TORP IFRS 17 Survey 2018 Results
• GIRO 2018: Workshop B: IFRS 17: Are reserving processes and systems heading for the rocks?
• Reserving in Machine Learning (Reserving Seminar 2018)

2017

• Reserving in the Pressure Cooker (GIRO 2017)
• TORP Automation Survey 2017 summary and results

2016

• TORP: SII TPs - Sharing the Pain (GIRO 2016)
• Towards the Optimal Reserving Process - Survey, April 2016

2015

• Materiality and RI for fast close: Catching the big fish with nets (GIRO, 2015)
• Sessional Paper: The fast close process (2015)

2014

• Presentation (GIRO, 2014)
• Paper (GIRO, 2014)
• 2014 Reserving Seminar presentation
• Update from the Working Party (CIGI, 2014)

2013

• Reserving Seminar presentation
• AvE: Curse or Blessing? (GIRO, 2013)
• Actual vs. Expected Techniques (GIRO, 2013)

2012

• A Practical Guide to Building your own Teepee (GIRO, 2012)
• Towards Optimal Reserving (GIRO, 2012)
• Workshop presentation (GIRO, 2012)