Services:
Capital Actuarial Services is an actuarial and risk management consulting firm that provides independent consulting services to self-insurers, captives, and insurance companies in these areas:
- Self-Insurance and Captive Feasibility Studies
- What are the costs and benefits of self-insurance? Is the company better off retaining risk or purchasing insurance from the primary market?
- If self-insurance, what are the optimal per occurrence or aggregate retention limits for each line of coverage included in the program?
- Ratemaking
- Pricing individual lines of business for insurers.
- Estimating individual member contributions or rates for self insurance programs.
- Loss and Loss Adjustment Expense Reserves Opinion for Insurers and Self-Insurance Programs
- Asset/Liability Matching
- What investment vehicle will best match the insurer's liabilities?
- Completing Schedule P of the Annual Statement for Insurers
- Retention Limit Analysis
- Determining the optimal retention limits (per occurrence or aggregate limits) for insurers and self-insurance programs.
- Budget Considerations
- Forecasting ultimate expected losses and expenses during the future periods.
- Financial Forecasting
- Negotiating Reinsurance
- Estimate the expected losses and loss adjustment expenses underlying our client experience so that the client will be in a better position to negotiate excess of loss reinsurance costs effectively.
- Dividend Calculations
- How much dividend should the self-insurance program distribute to members?
- Benchmarking
- How the program compares to similar programs and the insurance industry as a whole.
- Allocation of Costs Among Participants
- New Members
- Evaluating the impact of adding new members and what rates should be charged new members.
- Present Value Analysis
- Considering investment income and the Client's payout pattern.
- How much will be needed to fund the total outstanding liability?
- Data Management
- How data may be compiled to provide effective analysis.
- Regulatory Issues Regarding Loss and Loss Adjustment Expense Reserves and Rate Filings
- Catastrophe and Aggregate Risk Modeling
- Dynamic Financial Modeling
- Reinsurance Issues
- Excess of loss pricing.
- Loss portfolio transfer.
- Reinsurance commutations.