What you owe on business already written, projected to ultimate with the uncertainty quantified, and your actual experience tested against what was assumed.
We build the models that project claims to ultimate and set the reserve, across short and long-tail lines, and quantify the uncertainty around the central estimate. We also review the reserves you already hold independently, explaining every difference from your own figure and the judgement behind it.
We analyse actual experience against assumed across your portfolios, covering mortality, longevity, morbidity, lapse, expense and claims frequency, and separate the deviation that is real from the deviation that is noise.
The number you book has to be one you can walk an auditor through line by line, so the deliverable is the basis and the evidence rather than the point estimate. At Gini we estimate reserves, review reserves you already hold, and build the analytics behind reserve movement so each quarter’s change is attributable rather than described.
Yes, and an independent review is often the better first step. Gini recalculates from your own data and explains every difference from your figure, including the judgement behind it. Where the review finds the basis sound, you hold evidence of that. Where it does not, you hold the specific assumption to change instead of a recommendation to rebuild.
At Gini we decompose it into the parts that have separate causes: experience against expectation, changes in assumption, changes in mix, and the effect of new business. A movement presented as one number invites the question of what drove it, and the decomposition is the answer prepared in advance.
Everything Gini builds for you: the models as version-controlled code with tests, the documentation, and the reporting that runs off them. Committee papers and the quantitative templates are generated from model output rather than assembled by hand. Your actuaries are walked through the code before handover, and everything runs on your platform under your credentials.