Reserving Events
Formula
Examples
For a full list of available parameters see Inputs.
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.
-
The below formula returns reserving events data for RDF class code grouped up by entity, mga and broker.
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:
|
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:
|
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:
|
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:
|
Note
- To return all class ids you can leave
class_idsblank. 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.
TYPE:
|
parent_layer_id
|
Alias: Parent Layer Id Unique identifier for the parent layer.
TYPE:
|
program_id
|
Alias: Program Id The Program Id.
TYPE:
|
class_id
|
Alias: Class Id The 3 letter class code.
TYPE:
|
class_id_reserving
|
Alias: Class Id Reserving The 3 letter class code as used in reserving.
TYPE:
|
class_id_prequel
|
Alias: Class Id Prequel The 3 letter class code as defined in Prequel.
TYPE:
|
claim_id
|
Alias: Claim Id Unique identifier for the claim.
TYPE:
|
reserving_asat
|
Alias: Reserving As At The reserving as-at period, e.g. 2025Q1.
TYPE:
|
reserving_version
|
Alias: Reserving Version The reserving version.
TYPE:
|
fx_set
|
Alias: FX Set The FX set used to convert the figures to USD.
TYPE:
|
uw_year
|
Alias: Underwriting Year The Underwriting Year of the policy.
TYPE:
|
is_latest
|
Alias: Is Latest Flag: 1 = row belongs to the latest reserving version, 0 = historical.
TYPE:
|
entity
|
Alias: Entity The Entity (FUL, FIID, FIBL).
TYPE:
|
event_name_ig
|
Alias: Event Name IG The event name as defined by the IG.
TYPE:
|
event_name_tfp
|
Alias: Event Name TFP The event name as defined by TFP.
TYPE:
|
claim_name
|
Alias: Claim Name The name of the claim.
TYPE:
|
claim_type
|
Alias: Claim Type The claim type (e.g. ATT or EXT).
TYPE:
|
master_carrier_grouping
|
Alias: Master Carrier Grouping The capacity provider. This can be the IG, F3123, Consortium, Allianz.
TYPE:
|
business_segment
|
Alias: Business Segment This is the IG's mapping to business segment (INS / REIN).
TYPE:
|
pillar
|
Alias: Pillar This pillar definition is consistent with the definition between the IG and TFP and should be used in most scenarios.
TYPE:
|
mgup_split_pillar
|
Alias: MGUP Pillar This pillar definition is used in MGUP Production meetings. The main difference is the how RI classes are mapped from Speciality / Bespoke to Reinsurance and how some Reinsurance classes are mapped back to Specialty / Bespoke. Unless you want to tie up with MGUP pillar definitions, you should not use this pillar.
TYPE:
|
minor_class
|
Alias: Minor Class This is consistent with the IG definition of minor classes.
TYPE:
|
major_class
|
Alias: Major Class This is consistent with the IG definition of major classes.
TYPE:
|
mgup_split_light
|
Alias: MGUP Light Class 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:
|
mgup_split_master
|
Alias: MGUP Master Class This class definition is used in MGUP Production meetings, similar to Major Class.
TYPE:
|
mgup_split
|
Alias: MGUP Split This is the full list of MGUP master and MGUP light classes combined together separated by a hyphen.
TYPE:
|
mgup_reporting
|
Alias: MGUP Reporting Class This is the MGUP Master class broken down into the main reporting classes.
TYPE:
|
dom_simon_class
|
Alias: Dom Simon Class The Dom Simon class grouping used in reserving analysis.
TYPE:
|
dom_simon_lob
|
Alias: Dom Simon LOB The Dom Simon line of business grouping used in reserving analysis.
TYPE:
|
broker_master_group
|
Alias: Broker Grouped This is a high level mapping of brokers. Brokers have been grouped together for reporting purposes from their lowest granularity. For example, all GC and Marsh broker names have been grouped together into GC Marsh. To see the mapping refer to ANT.ACT.Mappings.get_broker_mapping()
TYPE:
|
mga_code
|
Alias: MGA Code This is a high level mapping of MGAs / Third Party binders based on their Layer Id. If the value is To see the mapping refer to ANT.ACT.Mappings.get_mga_mapping()
TYPE:
|
is_pinewalk_flag
|
Alias: Is Pinewalk Flag You can use this flag to separate Pine Walk business from the rest of TFP.
TYPE:
|
gross_os_claims_usd
|
Alias: Gross Outstanding Claims USD The gross outstanding claims in USD.
TYPE:
|
gross_paid_claims_usd
|
Alias: Gross Paid Claims USD The gross paid claims in USD.
TYPE:
|
gross_specific_ibnr_usd
|
Alias: Gross Specific IBNR USD The gross specific (case-level) IBNR reserve in USD.
TYPE:
|
gross_general_ibnr_usd
|
Alias: Gross General IBNR USD The gross general (bulk) IBNR reserve in USD.
TYPE:
|
gross_incurred_claims_usd
|
Alias: Gross Incurred Claims USD The gross incurred claims in USD.
TYPE:
|
gross_total_specific_usd
|
Alias: Gross Total Specific Claims USD The gross total specific claims in USD.
TYPE:
|
gross_earned_claims_usd
|
Alias: Gross Earned Claims USD The gross earned claims in USD.
TYPE:
|
ceded_os_claims_usd
|
Alias: Ceded Outstanding Claims USD The ceded outstanding claims in USD.
TYPE:
|
ceded_paid_claims_usd
|
Alias: Ceded Paid Claims USD The ceded paid claims in USD.
TYPE:
|
ceded_specific_ibnr_usd
|
Alias: Ceded Specific IBNR USD The ceded specific (case-level) IBNR reserve in USD.
TYPE:
|
ceded_general_ibnr_usd
|
Alias: Ceded General IBNR USD The ceded general (bulk) IBNR reserve in USD.
TYPE:
|
ceded_incurred_claims_usd
|
Alias: Ceded Incurred Claims USD The ceded incurred claims in USD.
TYPE:
|
ceded_total_specific_usd
|
Alias: Ceded Total Specific Claims USD The ceded total specific claims in USD.
TYPE:
|
ceded_earned_claims_usd
|
Alias: Ceded Earned Claims USD The ceded earned claims in USD.
TYPE:
|
fac_os_claims_usd
|
Alias: Fac Outstanding Claims USD The Facultative reinsurance share of outstanding claims in USD.
TYPE:
|
fac_paid_claims_usd
|
Alias: Fac Paid Claims USD The Facultative reinsurance share of paid claims in USD.
TYPE:
|
fac_specific_ibnr_usd
|
Alias: Fac Specific IBNR USD The Facultative reinsurance share of specific (case-level) IBNR reserve in USD.
TYPE:
|
fac_general_ibnr_usd
|
Alias: Fac General IBNR USD The Facultative reinsurance share of general (bulk) IBNR reserve in USD.
TYPE:
|
fac_incurred_claims_usd
|
Alias: Fac Incurred Claims USD The Facultative reinsurance share of incurred claims in USD.
TYPE:
|
fac_total_specific_usd
|
Alias: Fac Total Specific USD The Facultative reinsurance share of total specific claims in USD.
TYPE:
|
fac_earned_claims_usd
|
Alias: Fac Earned Claims USD The Facultative reinsurance share of earned claims in USD.
TYPE:
|
xol_os_claims_usd
|
Alias: XOL Outstanding Claims USD The Excess-of-Loss reinsurance share of outstanding claims in USD.
TYPE:
|
xol_paid_claims_usd
|
Alias: XOL Paid Claims USD The Excess-of-Loss reinsurance share of paid claims in USD.
TYPE:
|
xol_specific_ibnr_usd
|
Alias: XOL Specific IBNR USD The Excess-of-Loss reinsurance share of specific (case-level) IBNR reserve in USD.
TYPE:
|
xol_general_ibnr_usd
|
Alias: XOL General IBNR USD The Excess-of-Loss reinsurance share of general (bulk) IBNR reserve in USD.
TYPE:
|
xol_incurred_claims_usd
|
Alias: XOL Incurred Claims USD The Excess-of-Loss reinsurance share of incurred claims in USD.
TYPE:
|
xol_total_specific_usd
|
Alias: XOL Total Specific USD The Excess-of-Loss reinsurance share of total specific claims in USD.
TYPE:
|
xol_earned_claims_usd
|
Alias: XOL Earned Claims USD The Excess-of-Loss reinsurance share of earned claims in USD.
TYPE:
|
qs_os_claims_usd
|
Alias: QS Outstanding Claims USD The Quota Share reinsurance share of outstanding claims in USD.
TYPE:
|
qs_paid_claims_usd
|
Alias: QS Paid Claims USD The Quota Share reinsurance share of paid claims in USD.
TYPE:
|
qs_specific_ibnr_usd
|
Alias: QS Specific IBNR USD The Quota Share reinsurance share of specific (case-level) IBNR reserve in USD.
TYPE:
|
qs_general_ibnr_usd
|
Alias: QS General IBNR USD The Quota Share reinsurance share of general (bulk) IBNR reserve in USD.
TYPE:
|
qs_incurred_claims_usd
|
Alias: QS Incurred Claims USD The Quota Share reinsurance share of incurred claims in USD.
TYPE:
|
qs_total_specific_usd
|
Alias: QS Total Specific USD The Quota Share reinsurance share of total specific claims in USD.
TYPE:
|
qs_earned_claims_usd
|
Alias: QS Earned Claims USD The Quota Share reinsurance share of earned claims in USD.
TYPE:
|
net_os_claims_usd
|
Alias: Net Outstanding Claims USD The net outstanding claims in USD.
TYPE:
|
net_paid_claims_usd
|
Alias: Net Paid Claims USD The net paid claims in USD.
TYPE:
|
net_specific_ibnr_usd
|
Alias: Net Specific IBNR USD The net specific (case-level) IBNR reserve in USD.
TYPE:
|
net_general_ibnr_usd
|
Alias: Net General IBNR USD The net general (bulk) IBNR reserve in USD.
TYPE:
|
net_incurred_claims_usd
|
Alias: Net Incurred Claims USD The net incurred claims in USD.
TYPE:
|
net_total_specific_usd
|
Alias: Net Total Specific Claims USD The net total specific claims in USD.
TYPE:
|
net_earned_claims_usd
|
Alias: Net Earned Claims USD The net earned claims in USD.
TYPE:
|