We offer a complete range of commutation services:
- we will review the data in the account to be commuted, identifying any claims handling, reinsurance or coverage issues which could affect the reinsured claims;
- we will identify any inuring reinsurance recoveries available, including in respect of any IBNR if possible;
- we will assess the probable range of IBNR values for an account, utilising our extensive loss reserving and run-off estimation expertise; and then
- we will suggest a range of probable commutation values.
We can also, relying on our mediation and negotiation experience, act as facilitator of the commutation negotiations if required.