How to Read a Loss Triangle - P&C Insurance Basics - Loss Reserving - Actuarial 101

In this video, we discuss the basics of loss triangles, including such concepts as accident year, maturity, and loss evaluations. Loss triangles are the bread and butter of actuarial work in the P&C insurance industry and can be used for a wide variety of diagnostic and analytical purposes, including the estimation of loss reserves.
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Disclaimer: Information presented in this video should not be relied upon as actuarial or accounting advice, which should be provided by a credentialed actuary or accountant familiar with the details of your organization's risk management program.