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