Independent valuation of reserves as part of a due diligence
Engagement for a Russian insurance company, member of an international holding
The KPMG team provided independent reserves valuation services as part of a due diligence engagement.
Description of the work
- Independent calculation of potential losses based on the data on losses, loss adjustment expenses, subrogations, and revenues from sales of salvage material, provided by the insurance company as a range of valuations
- Provision of information on factors that can potentially cause the valuations to vary upwards and downwards in relation to key lines of business