A User-Friendly Introduction to Property-Casualty Claim Reserves

Calandro, Jr., Joseph; O'Brien, Thomas J.

doi:10.2139/ssrn.4358978

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A User-Friendly Introduction to Property-Casualty Claim Reserves

Risk Management and Insurance Review, 2004, Vol. 7, No. 2, 177-187

17 Pages Posted: 16 Feb 2023 Last revised: 21 Feb 2023

See all articles by Joseph Calandro, Jr.

Joseph Calandro, Jr.

Fordham University - Gabelli Center for Global Security Analysis

Thomas J. O'Brien

University of Connecticut - Department of Finance

Date Written: 2004

Abstract

Property and casualty (P and C) claim reserves are financial statement liabilities that represent estimated future claims. An understanding of P and C reserves is important to both risk managers and investment analysts, since this information is crucial in assessing solvency and value. We review some basics of P and C reserves, and add some of our own thoughts, in a way that tries to be user-friendly for practitioners and students. Note: the downloadable document is an unbranded working paper.

Keywords: Property and Casualty Insurance, Expected Loss Analysis, Loss Reserving

JEL Classification: G22

Suggested Citation: Suggested Citation

Calandro, Jr., Joseph and O'Brien, Thomas J., A User-Friendly Introduction to Property-Casualty Claim Reserves ( 2004). Risk Management and Insurance Review, 2004, Vol. 7, No. 2, 177-187, Available at SSRN: https://ssrn.com/abstract=4358978 or http://dx.doi.org/10.2139/ssrn.4358978