Independent Actuarial Review
Use data obtained from Travelers Special Liability Group (SLG), along with independently gathered information, to develop a range of possible reserve levels
Advise senior management who selects best estimate within range
Examined in connection with annual audit
Involved qualified actuarial specialists
Independent Actuarial Firm:
Review of methodology by internationally known actuarial firm
“Travelers approach is thorough, comprehensive and constitutes industry ‘best practice’.”