We can prepare customised or pre-packaged reports to track company experience and trends once we have reliable raw data set. We also develop detailed experience studies to evaluate the longer-term performance of your company’s mortality, morbidity, lapse, or other measures.
Whether you want to track metrics to report to internal management or evaluate your experience to set assumptions for pricing, projection models, or rate increase filings, we have a vast knowledge of all aspects of analysing a company’s experience.
How we help our clients:
- Loss ratio reporting & claim cost studies
- Mortality studies
- Lapse studies
- Claim termination & runoff studies
- Distribution of sales for underwriting or actual to expected pricing analysis
- Tracking key metrics, such as incidence rates, claim size, claim duration, average age & more
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Many companies can benefit from outside assistance with their rate increase filings, whether it’s overflow work that needs to be filed more quickly or optimising the increase to maintain a fair share of profits.
How we help our clients:
- Long-term care rate increases (including rate stabilization)
- Medicare supplement rate increases
- Supplemental health rate increases
- Cancer
- Heart/Stroke
- Disability income & other products
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