IRIS Ratio 13 terms used

[oblivious]

This is not going to make the difference in me passing or not (more likely on the not, need to start building the low expectations now, so I avoid the not showing up to work for a few days, find myself blacked out, and coming back to reality when a cop is telling me I can't panhandle on the street corner as he prepares to take me to jail as a result of finding out I failed an exam I thought I had a chance at)

but I need little things not to bug me.

So the manual has Required Reserves=(avg)(EP for the current year)

While most of the solutions refer to this as indicated reserves. Which one would you use?

[atkinsmt]

I like required reserves.

[mini]

Originally Posted by atkinsmt

I like required reserves.

To me, indicated reserves is actuary's point estimate, which is clearly different from required reserves in Ratio 13

[Vorian Atreides]

+1 on "required reserves"

[Vorian Atreides]

To me, "indicated reserves" is an estimate of should be done now based on reserving analysis techniques.

I believe "required reserves" is sort of a look back at historical experience and determining what should've been held as reserves in the past and applying that to the current situation.

Ratio 13 helps provide insight on how well the reserving process of the company is doing overall.