Show the board what sits behind every reserve.
Reserving inputs, claims indicators and the controls behind them in one view, ready for the board.
Are reserves holding?
- £955mNet reserves
- 7%Casualty actual vs expected
- ReservingKey activity · 2 incidents1 failed
- IBNR46% of net reserves
Reserving can cap your syndicate's rating, and your report is written for the board.
Our reading: the reserving view has to rest on the same record the board uses for the plan.
- Mar 2026 · Lloyd's"The AFR should be written for the Board and not for Lloyd's."Source: Lloyd's Actuarial Function Guidance, March 2026, s4 (opens in a new tab)
- Nov 2024 · Lloyd'sReserving is a hurdle Principle: "The Syndicate Category cannot be higher than the lowest Dimension Rating for a hurdle Principle".Source: Lloyd's, Summary of revisions to Claims Management Principle, November 2024, slide 7 (opens in a new tab)
- May 2026 · Lloyd's"Loss ratio setting starts from actuarial best estimate".Source: Lloyd's Q2 2026 Market Messages, slide 10 (opens in a new tab)
What you get
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See the controls behind every reserving input.
Case reserves from claims and IBNR from actuarial sit on one process, with its controls and incidents.
- Today
- Inputs and controls in different places
- With CoVi Analytics
- One reserving process, step by step
Reserving processHalden · 7 activities · 9 risks- Capture the claimStep 11 incident
- Reconcile delegated and fronted claimsStep 2 · claims authority agreementAction
- IBNR and best estimateAdded by actuarial
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Start the plan's loss ratio from your best estimate, in one set of numbers.
Reserve movements and claims indicators sit next to the plan figures, so the loss ratio debate starts from one set of numbers.
- Today
- Reconciled by hand into the plan
- With CoVi Analytics
- One set of figures
Reserves and planNet reserves£955m- 2027 plan loss ratio57% · £430m gross claims
- This quarterUp £35m
- Casualty actual vs expected7% · target bandApproaching
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An actuarial function report that rests on the board's own record.
Your report draws on the same controls, incidents and indicators the board sees, so your opinion and their view start from one record.
- Today
- Written apart from the board view
- With CoVi Analytics
- The same record the board uses
Actuarial function reportReserving- Controls evidenced
- Claims indicators linked
- Incidents linked
- Same view as the board
Give the board a reserving view it trusts.
Reserves, claims and controls read from one record, so your opinion lands with the evidence beside it.
See reserving with the controls behind it.
Tell us how your reserving process runs today, and leave knowing where to start.
We'll walk you through how it all comes together with Halden.