Under-reserving has been the leading cause of many insurer and reinsurer insolvencies. PartnerRe takes reserving risk very seriously with a conservative reserving policy, an extensive actuarial process, and a high degree of transparency.
For a full view of PartnerRe's Non-life reserves, please see our published Non-life reserve triangles. This document provides data corresponding to approximately 91% of our Non-life reserves. It will improve understanding of the loss development characteristics of our business and the critical assumptions underlying our reserves. In particular, we believe that this document provides further insight into the general pattern of loss payment and loss reporting for each of the loss reserving classes presented.
Our intention is not to lead readers to any conclusion. By providing additional data on our reserves and the value of the discount in our reserves, we are giving our clients an opportunity to form their own opinions on the integrity of our balance sheet and the strength of our promise.
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