Flexible modeling tool
The Reden & Anders Reserve Development Model interacts with Microsoft Excel for ease of loading claims data in triangular formats. Convenient drop-down menus and up/down arrow option boxes make choosing assumptions quick and simple.
Value
- Make business-critical decisions with accurate information
- Simplifies the reserve estimation process
- Quick calculation of estimated incurred claims
Adaptable and easy to use
You can customize the model by selecting the completion factor averaging under either the arithmetic, weighted, or harmonic methods. This tool simplifies the process of selection and changing the number of months included in the averaging of completion factors.
Quick results with versatile printing options
Upon completion of data inputs and calculation parameters, calculated results are almost immediate. The model offers view results for several output options on screen before printing and data results can easily be exported to Excel.
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