NOSH Consulting
Loss Analysis and Reporting

  • Review capitalization and collateralization requirements of risk transfer programs.
  • Track historical loss experience and premium costs for profitability analysis for renewal negotiations.
  • Perform retention level analysis comparing historical large loss experience in various layers and providing comparison to premium charges / credits.
  • Develop standardized exposure and loss summarization procedures for the creation of loss submissions, forecasts, allocation, accruals and other management reports.
  • Analyze losses and exposures and forecast Workers’ Compensation, Automobile Liability, and General Liability losses for insurance renewals.
  • Compare historical loss forecasts to carrier forecasts and actual developed ultimate losses to test validity of forecasting methodologies and to aid in renewal negotiations.
  • Develop and maintain updated loss development triangles for forecasting and analysis of outstanding liabilities.
  • Analyze losses and exposures and forecast Workers’ Compensation, Automobile Liability, and General Liability losses for auditor reports and accrual allocations.
  • Participate in annual casualty insurance renewal planning and negotiations.
  • Design and develop custom reports for allocations, executive management, Cost of Risk, scorecards, benchmarking, etc.

 

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