Reserve Variability Model


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Milliman clients in Central and Eastern Europe benefit from licensing our proprietary reserving tools, designed specifically for the non-life industry. Actuaries and analysts can easily supplement their own knowledge with the information gleaned from our advanced software. Our systems are created and supported by our in-house team of actuarial and software development experts, who have worked together for more than 15 years.

Our powerful non-life tools include:

Reserve Variability Model

Milliman's sophisticated reserving model goes beyond traditional deterministic actuarial methods. Expanding upon industry standard bootstrap simulation approaches, our Reserve Variability Model™ provides a number of stochastic techniques for a realistic distribution of the possible outcomes for a company's unpaid claims, by reserving segment and in total, including correlation effects. This broader picture aids companies as they evaluate total capital requirements, allocate capital, price more strategically, and assess future investment opportunities.