Reserve metrics

For a benchmark, the values in the following table are calculated by the average-of-averages methodology described in "Overview of Compare."

Metric Description
Count of Days w/ Reserve Changes The mean number of days on which reserves changed.

Each claim is reviewed and the results averaged across claims. Multiple changes on a single day are counted as a single change.

This metric might indicate the initial accuracy of reserves, how actively reserves are managed, or both.

Days to Initial Reserve The mean number of days from when claims were opened until reserves were set.

Each claim is reviewed and the results averaged. In most cases, a number close to zero indicates automatic reserving, whereas positive numbers indicate manual reserving.

Claims without a set reserve are excluded from this metric.