[[Actuarial Notes Wiki|Wiki]] / [[Exam 5 (CAS)]] / **Interim Valuation** ## Definition ==Interim Valuation== is a reserve estimate performed between annual valuations (such as quarterly) to monitor reserve adequacy and provide updated financial information. ## Characteristics - More frequent than year-end - May use simplified methods - Limited data available - Quick turnaround needed ## Approaches - Pro-rate annual methods - Expected development - Actual vs expected tests - Abbreviated triangles ## Related Concepts - [[Reserve Adequacy#Definition]] - [[Actual vs Expected Analysis#Definition]] ## References - Friedland, Chapter 11