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