Product Update

Annual Update to LDFs, Benefit Level Adjustments, Payout Profiles, Consumer Price Index, and What's Hot in Risk Financing


This release of Risk Financing features updates to the risk quantification factors and updates to the discussions on risk quantification, including the sample models in "Risk Quantification Data Requirements" and "Basic Loss Forecasting Methods."

Revisions to the risk quantification factors include updates to the workers compensation loss development factors (LDFs) and benefit level adjustments, general liability and automobile liability LDFs, payout profiles, and the consumer price index.

This release's issue of Risk Financing Perspectives provides an update to our periodic discussion titled, "What's Hot in Risk Financing." Finally, this release includes our regular "Market Corner" discussion.