Experience Studies

Analysis of your historical experience to inform assumption setting, pricing and reserving. Mortality, lapse, morbidity, expense and claims experience investigations for life and general insurance, delivered from raw data extraction through to actuarial recommendation.

Full-cycle experience investigation

Study design

Defining scope, segmentation, exposure basis, event definition, credibility approach and reporting format.

Data extraction and cleaning

Working with client data teams to extract, join and validate policy, claims and demographic data.

Exposure and event analysis

Central-exposed calculations, actual-versus-expected, and analysis by segment.

Credibility and smoothing

Credibility assessment, graduation, smoothing and trend analysis appropriate to the data volume and use case.

Assumption recommendations

Recommended assumptions with rationale, uncertainty bounds and implications for pricing or reserving.

Documentation

Full workbook, methodology paper, review-ready output and audit trail.

Choose your engagement

Where experience feeds through

Discuss an experience study

Tell us the study type, data availability and target completion. We will come back with a proposal.