Warranty coverage is one of those niche lines of business that has been growing. This session will provide an overview of warranty coverage: what it covers, characteristics, offerings, products and applications. This session will discuss current industry metrics, pricing, reserving and future considerations. Reserving will focus on the unearned premium reserves related to warranties (long duration contracts): guidance, tests, earning curves and considerations.
Learning Objectives:
Attendees will receive an overview of warranty coverage: what’s covered, terminology, industry metrics.
An introduction to pricing and reserving for warranty coverage will be provided; current guidance and considerations.
Discussion will then focus on unearned premium reserves for warranty coverage and various earning curves.
Attendees will receive an overview of warranty coverage: what’s covered, terminology, industry metrics.
