Insurance Financials Decoded: Premiums, Claims Triangulations, Reserving & Solvency

Premium Accounting , Commission & Exposure Calculations

GWP, NWP, Unearned Premium reserve, GEP, NEP calculations
Direct Commission, Reinsurance Commission, Management Expenses
Premium Deficiency Reserves

Technical Reserving , Incurred Claims accounting & UW Profit or Loss Calculations

Gross Incurred Claims,  Net incurred Claims mechanics & Closing & Opening Reserve
Cash Reserves vs Actuarial Reserves and IBNR & IBNER
Structure of Loss Development Triangles
UW Profit, Investment Income and Net Profit

Underwriting Ratios and Operating Performance Metrics

Gross Loss Ratio, Net Loss Ratio
Expense Ratio, Commission Ratio
Combined Operating Ratio
Solvency Ratio calculations in India
Capital Relief Mechanisms

Atmaram Cheruvu, Co-Founder and Director of Mad Over Insurance, carrying 3 plus decades of experience and have worked as “Head of Property & Casualty and Chief Underwriting Officer” at Hannover Re branch in India. And a proud member of Branch Steering Board. Atmaram worked in Hannover Re from 2008 to 2018.