Loss Forecasting/Projections

Power Group provides our clients with actuarially sound loss projection based on the latest trending and loss development research.

Our software enables Power Group to:

analyze up to 15 historical policy periods and project losses for the coming policy period
complete reserve analyses to meet regulatory and financial reporting criteria
prepare loss projections to define risk retention levels and policy limits
determine the effectiveness of a client’s loss control program
prepare risk management due diligence evaluations
make recommendations for company mergers, acquisitions, or divestitures
prepare self-insurance feasibility studies
perform analyses to compare alternative loss financing methods
provide detailed reports showing each step in the loss forecasting process
compute the pure loss rate for each of the past policy periods in the analysis
graphically show the selected estimated ultimate incurred loss for each of the past policy periods
graphically show the pure loss rate for each of the past policy periods
create an estimated schedule of loss payments
compute the net present value of future loss payments