What is ReservePrism?
ReservePrism@2011 is an advanced enterprise actuarial loss reserving and pricing platform. Its foundation is the CAS Public Loss Simulator, but it reaches much further. Given either real detail claim data or real triangles, ReservePrism analyzes, parameterizes, and fits them into its advanced R simulation engine, which produces claims that have similar statistical characteristics (e.g. lags, payments, frequency, case reserves, adjustment, etc) as your claim data or triangles. Finally, by analyzing those synthetic claims, ReservePrism will yield distributions of ultimate losses and reserves by accident year, calendar year and all years combined.