The fundamental point of insurance is dealing with uncertainty. Next year's losses are an uncertain quantity - you simply can't know for sure what's going to happen in the future. We are uncertain about the future because there is variability in the historical experience, and we know that very often, the future will be similar to the past. By extracting all the information in the past data, we can build a picture of the most likely outcomes in the future.
ICRFS-Plus™ is the world's first and leading probabilistic software for loss reserving; with applications to pricing, risk-based capital calculations, creative reinsurance solutions, and modeling of relationships between lines of business, segments and layers, that is critical to Dynamic... Read More
Full range of Link Ratio Techniques (LRT) models, with extensive link ratio selections (any size of diagonal with selection of average, weighted average, geometric average, maximum/minimum ratios etc). Read More
Insureware offers ICRFS-Plus™ subscribers a unique partnership. This partnership provides ICRFS-Plus™ clients with technical support and modelling advice on request. It is very easy to communicate in terms of models. Read More