Actuarial Reports
Overview
Section titled “Overview”Actuarial reports summarize written premium, policy counts, and loss data by state for submission to your carrier partners. These reports are typically required quarterly and are used by the carrier’s actuarial team for rate-making and reserving.
Navigating to Actuarial Reports
Section titled “Navigating to Actuarial Reports”Reports menu with Actuarial Reports highlighted
Go to Reports > Actuarial Reports from the main menu.
Available Report Types
Section titled “Available Report Types”| Report | Product Line | Used for |
|---|---|---|
| ACS | Accountants Standard | Great American actuarial submission |
| RAS | Real Estate Standard | Great American actuarial submission |
| RAP | Real Estate / Appraisers | Great American actuarial submission |
| ACP | Accountants Premium | Great American actuarial submission |
| RAB | Real Estate / Accountants Bordereau | Combined bordereau for GA |
Generating an Actuarial Report
Section titled “Generating an Actuarial Report”Actuarial report generation screen showing report type selector, date range, and Generate button
- Select the Report Type from the dropdown.
- Select the Reporting Period (quarter or year).
- Click Generate Report.
- Review the output for completeness.
- Export to Excel for carrier submission.
What the Report Includes
Section titled “What the Report Includes”| Column | Description |
|---|---|
| State | Policy state |
| Written Premium | Total premium written this period |
| Policy Count | Number of policies in force |
| Average Premium | Written premium ÷ policy count |
| Earned Premium | Premium recognized for the period |
| Incurred Losses | Claims paid and reserved |
| Loss Ratio | Incurred losses ÷ earned premium |