The Agency Performance Monitoring Report plays a pivotal role in risk management and is integral to the firm’s success by performing quantitative analysis, insurance pricing, loss reserving, and risk quantification of insurance products, annuities, and perpetuities.
It is primarily for internal users who are responsible for risk assessment and valuation; assessing the soundness of business per regulatory requirement; assessment of capital needs and overall provide a 360 view of business.
This report also helps the pricing team to properly assess the risk associated with each type of policy and adjust policy pricing.
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