What impact does industry have on my Loss Forecast or Reserve Analysis results?

Adjusting the "Industry" selection in a Loss Forecaster report impacts the Trend Factors, which can be found on the "Loss and Exposure Trend Adjustments" page.

These Trend Factors are applied to Estimated Ultimate Losses (as well as inflationary Exposures) for each period to ensure that the Pure Loss Rates shown on the next page of the report are presented and analyzed on a consistent basis.