• About this working party

    This Working Party explores the governance and design of existing processes within reserving, ensuring that principles-based guidance (small ‘g’) is given. 

    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

    Chair: William Diffey

    Established: 2012