Incurred But Not Reported Reserve Report
Our IBNR Reserve model uses proven actuarial methods to estimate the portion of claims that are incurred but not yet paid. Our IBNR Reserve Model sensitivity tests assumptions to understand the key results drivers for each employer. Our easy to understand IBNR Reserve Report provides both summary and detailed IBNR results and restatements of prior period IBNR estimates. We can provide reports monthly, quarterly or annually and have substantial experience presenting results to auditors. Our approach and communication complies with all Actuarial Standards of Practice (ASOPs).