From Here to Maturity:
The "Ultimate" Beginner’s Guide to IBNR

Presented by:

American Institute of Marine Underwriters
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Inland Marine Underwriters Association 
  • Date:                       Thursday July 12, 2012
  • Presenter:           Steven J. Finkelstein, ACAS MAAA

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Webinar Description:

Using analogies and examples, this webinar will provide you with a better understanding of Incurred But Not Reported (IBNR). Specifically:

  • What is IBNR and why does it matter? Is it a financial concept, an underwriting concept, or both? (Clue: It's both)
  • How can IBNR be estimated? Is it something a non-actuary can understand? (Clue: Yes.)
  • Whether or not the IBNR for my company's overall book is correct, why does the IBNR built into the loss estimates for my accounts usually seem too high? (Yes, believe it or not, we're going to cover this, too!)

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