Monday, February 26, 2007

 

Deloitte Finds Widespread Ignorance of Reserving Shift

Many insurance company executives are too unfamiliar with principles-based reserving efforts to answer basic questions about how their companies are preparing for the change.

Consultants from the Chicago, Washington and Richmond, Va., offices of Deloitte & Touche USA presented figures supporting that conclusion in a summary of results from a recent insurance company executive survey.

Deloitte Finds Widespread Ignorance of Reserving Shift
Source: National Underwriter (subscription required)

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