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Reserving Events

Formulas

=ANT.ACT.Live.Reserving_Events_Analytics()

Examples

For a full list of available parameters see Inputs.

Description

This below formula returns the live reserving events for the company. This is the formula you should if you require the latest data. This data is not signed off and changes in data between daily metrics are due to information entered into Prequel. You should not use this formula for external reporting.

The analytics version of this formula returns the live reserving events data associated with the Fidelies IG for the company. At this point the time has been aggregated to the level of the class code, entity, MGA and broker.

  1. The below formula returns reserving events data for RDF class code grouped up by entity, mga and broker.

     A1 = 'RDF'
    =ANT.ACT.Live.Reserving_Events_Analytics(A1)
    

Inputs

Tip

The best practise for once you have used this formula is to create a table from the results and use this table within your analysis. This ensures that your data changes only when you want it to and you are not dependent on the table columns being in the same order each exercise.

1. Use the formula to get the data you need

2. Select all the data that the formula returns (including headings)

3. Go to Data >> Get Data >> From Other Sources >> From Table/Range

4. Right click on the 'Array' name and rename it to something sensible

5. Check to see if the first row has been promoted to headers, this is usually done automatically but
if not  on the "Home" tab you can select "Use the first row as headers".

6. If you are seeing errors in the layer_id or program_id columns then you need to change the data type.
To do this go to the Applied Steps on the right hand side, choose 'Changed Type' and change
{'layer_id', Int.64.Type} to {'layer_id', type text} and {'program_id', Int.64.Type} to {'program_id', type text}.

7. Click Close & Load.

This will create a table in your worksheet. If the data changes you will need to refresh the table by going to Data >> Refresh All or Data >> Queries & Connections >> right click on your table and refresh.

By default, data will not be split by entity, MGA or broker, but you can use the parameter values if these splits are required.

PARAMETER DESCRIPTION
class_ids

The 3 letter class code.

This can be a single cell, or multiple cells to return more than one class code.

If left blank this will default to all available class codes.

TYPE: str

show_entities

A boolean value to show data split by Entity.

This can be either True or False.

If left blank this will default to False and show data combined by Entity.

TYPE: bool

show_mgas

A boolean value to show data split by Fidelis / Pine Walk / Third Party MGAs.

This can be either True or False.

If left blank this will default to False and show data combined into all TFP.

TYPE: bool

show_years

Year.

This can be a single cell, or multiple cells to return more than one year.

If left blank this will default to the last 5 years.

TYPE: str

Note
  1. To return all class ids you can leave class_ids blank.
  2. show_entities, show_mgasare optional and default to False if left blank. It is possible to omit these from your formula if you do not need them split out in your data.

Outputs

PARAMETER DESCRIPTION
layer_id

Alias: Layer Id

The layer id of the reserving event.

TYPE: int

parent_layer_id

Alias: Parent Layer Id

The parent layer id of the reserving event.

TYPE: int

program_id

Alias: Program Id

The program id of the reserving event.

TYPE: str

class_id

Alias: Class Id

The 3 letter class code of the reserving event.

TYPE: str

class_id_reserving

Alias: Class Id Reserving

The 3 letter class code of the reserving event in Prequel.

TYPE: Optional[str]

class_id_prequel

Alias: Class Id Prequel

The 3 letter class code of the reserving event in Prequel.

TYPE: Optional[str]

claim_id

Alias: Claim Id

The claim id of the reserving event.

TYPE: int

reserving_asat

Alias: Reserving Asat

The reserving asat of the reserving event. Should be in the format YYYYQQ e.g 2025Q1.

TYPE: str

reserving_version

Alias: Reserving Version

The reserving version of the reserving event.

TYPE: str

fx_set

Alias: FX Set

The fx set of the reserving event.

TYPE: str

uw_year

Alias: UW Year

The underwriting year of the reserving event.

TYPE: int

is_latest

Alias: Is Latest

The is latest flag of the reserving event.

TYPE: int

entity

Alias: Entity

The entity of the reserving event. Can be one of the following: 'FUL', 'FIID', 'FIBL'.

TYPE: str

event_name_ig

Alias: Event Name IG

The event name of the reserving event as defined by IG.

TYPE: str

event_name_tfp

Alias: Event Name TFP

The event name of the reserving event as defined by TFP.

TYPE: str

claim_name

Alias: Claim Name

The claim name of the reserving event.

TYPE: str

claim_type

Alias: Claim Type

The claim type of the reserving event. Can be ATT OR EXT.

TYPE: str

master_carrier_grouping

Alias: Master Carrier Grouping

The master carrier grouping of the reserving event. For the purpose of this data, it relates to the the Fidelis IG carrier group i.e. IG.

TYPE: str

business_segment

Alias: Business Segment

The business segment of the reserving event. Can be REIN or INS.

TYPE: str

pillar

Alias: Pillar

This pillar definition is consistent with the definition between the IG and TFP and should be used in most scenarios.

TYPE: str

mgup_split_pillar

Alias: MGUP Split Pillar

This class definition is used in MGUP Production meetings, similar to Minor Class. It will split, e.g. P,C&E MGUP class into Construction, Non-Renewable, Renewables, Property and D&F.

TYPE: str

minor_class

Alias: Minor Class

The minor class of the reserving event.

TYPE: str

major_class

Alias: Major Class

The major class of the reserving event.

TYPE: str

mgup_split_light

Alias: MGUP Split Light

The MGUP split light of the reserving event.

TYPE: str

mgup_split_master

Alias: MGUP Split Master

The MGUP split master of the reserving event.

TYPE: str

mgup_split

Alias: MGUP Split

The MGUP split of the reserving event.

TYPE: str

mgup_reporting

Alias: MGUP Reporting

The MGUP reporting of the reserving event.

TYPE: str

dom_simon_class

Alias: DOM Simon Class

The DOM Simon class of the reserving event.

TYPE: str

dom_simon_lob

Alias: DOM Simon LOB

The DOM Simon line of business of the reserving event.

TYPE: str

broker_master_group

Alias: Broker Master Group

The broker master group of the reserving event.

TYPE: str

mga_code

Alias: MGA Code

The MGA code of the reserving event.

TYPE: str

is_pinewalk_flag

Alias: Is Pine Walk Flag

The Pine Walk flag of the reserving event. 1 = Pine Walk, 0 = Non Pine Walk

TYPE: int

gross_os_claims_usd

Alias: Gross OS Claims USD

The gross outstanding claims in USD of the reserving event.

TYPE: float

gross_paid_claims_usd

Alias: Gross Paid Claims USD

The gross paid claims in USD of the reserving event.

TYPE: float

gross_specific_ibnr_usd

Alias: Gross Specific IBNR USD

The gross specific IBNR in USD of the reserving event.

TYPE: float

gross_general_ibnr_usd

Alias: Gross General IBNR USD

The gross general IBNR in USD of the reserving event.

TYPE: float

gross_incurred_claims_usd

Alias: Gross Incurred Claims USD

The gross incurred claims in USD of the reserving event.

TYPE: float

gross_total_specific_usd

Alias: Gross Total Specific USD

The gross total specific in USD of the reserving event.

TYPE: float

gross_earned_claims_usd

Alias: Gross Earned Claims USD

The gross earned claims in USD of the reserving event.

TYPE: float

ceded_os_claims_usd

Alias: Ceded OS Claims USD

The ceded outstanding claims in USD of the reserving event.

TYPE: float

ceded_paid_claims_usd

Alias: Ceded Paid Claims USD

The ceded paid claims in USD of the reserving event.

TYPE: float

ceded_specific_ibnr_usd

Alias: Ceded Specific IBNR USD

The ceded specific IBNR in USD of the reserving event.

TYPE: float

ceded_general_ibnr_usd

Alias: Ceded General IBNR USD

The ceded general IBNR in USD of the reserving event.

TYPE: float

ceded_incurred_claims_usd

Alias: Ceded Incurred Claims USD

The ceded incurred claims in USD of the reserving event.

TYPE: float

ceded_total_specific_usd

Alias: Ceded Total Specific USD

The ceded total specific in USD of the reserving event.

TYPE: float

ceded_earned_claims_usd

Alias: Ceded Earned Claims USD

The ceded earned claims in USD of the reserving event.

TYPE: float

net_os_claims_usd

Alias: Net OS Claims USD

The net outstanding claims in USD of the reserving event.

TYPE: float

net_paid_claims_usd

Alias: Net Paid Claims USD

The net paid claims in USD of the reserving event.

TYPE: float

net_specific_ibnr_usd

Alias: Net Specific IBNR USD

The net specific IBNR in USD of the reserving event.

TYPE: float

net_general_ibnr_usd

Alias: Net General IBNR USD

The net general IBNR in USD of the reserving event.

TYPE: float

net_incurred_claims_usd

Alias: Net Incurred Claims USD

The net incurred claims in USD of the reserving event.

TYPE: float

net_total_specific_usd

Alias: Net Total Specific USD

The net total specific in USD of the reserving event.

TYPE: float

net_earned_claims_usd

Alias: Net Earned Claims USD

The net earned claims in USD of the reserving event.

TYPE: float