Valuation Reserve (IBNR and GPV)
Our company provides specialized services to insurance companies for the calculation of Incurred But Not Reported (IBNR) and Gross Premium Valuation (GPV) reserves. IBNR reserves are estimates of the amount of claims that an insurance company will incur in the future but have not yet been reported. GPV reserves are realistic estimates of the excess of future insurance payout and operating expenses over the future revenue of an insurance company. Both of these reserves are important for insurance companies as they help to ensure that they have adequate financial resources to cover future outgoes. Our company has the expertise and experience necessary to provide accurate and reliable calculations of IBNR and GPV reserves for our clients, helping them to make informed decisions about their financial planning and risk management strategies