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Insurance Loss Data Sources . Unlocking Data for Research Who, What, Where, How. Casualty Loss Reserving Seminar. September 11,2001. Data: Sources & Uses. The Annual Statement Tabular data Schedule P Insurance Expense Exhibits State Page Underwriting and Investment Exhibits
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Insurance Loss Data Sources Unlocking Data for Research Who, What, Where, How Casualty Loss Reserving Seminar September 11,2001
Data: Sources & Uses • The Annual Statement • Tabular data • Schedule P • Insurance Expense Exhibits • State Page • Underwriting and Investment Exhibits • Textual data • Actuarial opinion • Notes to financials • General interrogatories
Schedule P • Raw data • Write custom reports • Page reproduction • Quick reviews, legal reference • Spreadsheet • In triangle format, easy to manipulate • In loss reserving software • Reserve Pro, Affinity
State Page Data • Good source of LOB / state loss data • National LOB data too • Good check for other data • Market share comparisons
Insurance Expense Exhibits • Detailed LOB data • Historical trending • Net of reinsurance
Scanned Documents • Actuarial opinions • Management discussions • Notes to financials • General interrogatories
News and Newsletters • Contingencies • Actuarial Digest
Other Industry Links • SEC documents • Actuarial associations and societies
Integrated Services • Direct import into vendor systems • Reserve testing systems directly access data • Spreadsheet manipulations • Easy reformatting
Wrap up • Questions