Almost Nowhere
Almost Nowhere
The CAS Institute
with Charlie Stone and Brian Fannin
47 minutes Posted Jul 1, 2025 at 9:00 am.
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Show notes

Reserving isn’t just about closing the books. It’s a signal. A feedback loop. Maybe even a warning. Why listen? Because ignoring reserves is risky business.


In this episode, we’re joined by Charlie Stone, Partner at Lane Clark & Peacock, and Brian Fannin, FCAS, to unpack why reserving deserves a front-row seat in strategy conversations. From deterioration trends flagged by the NAIC to using reserving insights for faster pricing pivots, we explore how reserves can be your secret weapon—not just a regulatory checkbox.

We talk about:

  • Why ignoring the reserving-pricing feedback loop is a competitive miss

  • How regulators (and you) can use machine learning to spot red flags

  • Reserving for the unknown: inflation, catastrophes, and the surprises you can prepare for

  • The promise (and pitfalls) of individual claims reserving

Whether you’re a pricing actuary, data scientist, or product leader, this episode will change how you think about reserves—forever.