ANU Self Insurance Reserve Pool Losses 2022

Major universities such as ANU organize budget responsibilities by layers, beginning from smaller units such as colleges and departments. In addition, ANU owns or is affiliated with several other organizations such as ANU Enterprise Pty Ltd, ANU Union, and so forth. Rather than have each financially responsible unit purchase insurance according to their own needs, in 1994 ANU organized the so-called "Self-Insurance Reserve" or SIR for short. The Self Insurance Reserve (SIR) pool is "for insurance losses that except for the policy excess or coverage limit, would otherwise be covered under the commercial insurance program." In this way, the university facilitates economies of scale and reduces costs of insurance purchases. These data are for losses over the years 2012-2020. A more detailed description of the data and ANU's risk management context is available at Frees and Butt (2022), "ANU insurable risks," Australian National University Open Research Library, https://doi.org/10.25911/0SE7-N746.
Type
collection
Title
ANU Self Insurance Reserve Pool Losses 2022
Collection Type
Dataset
Access Privileges
Research School of Finance, Actuarial Studies & Statistics
DOI - Digital Object Identifier
10.25911/74sx-x144
Full Description
Major universities such as ANU organize budget responsibilities by layers, beginning from smaller units such as colleges and departments. In addition, ANU owns or is affiliated with several other organizations such as ANU Enterprise Pty Ltd, ANU Union, and so forth. Rather than have each financially responsible unit purchase insurance according to their own needs, in 1994 ANU organized the so-called "Self-Insurance Reserve" or SIR for short. The Self Insurance Reserve (SIR) pool is "for insurance losses that except for the policy excess or coverage limit, would otherwise be covered under the commercial insurance program." In this way, the university facilitates economies of scale and reduces costs of insurance purchases. These data are for losses over the years 2012-2020. A more detailed description of the data and ANU's risk management context is available at Frees and Butt (2022), "ANU insurable risks," Australian National University Open Research Library, https://doi.org/10.25911/0SE7-N746.
Contact Email
Edward.Frees@anu.edu.au
Principal Investigator
Edward Frees
Collaborators
Adam Butt
Fields of Research
350206 - Insurance studies
Socio-Economic Objective
280106 - Expanding knowledge in commerce, management, tourism and services
Keywords
insurance, risk management, actuarial studies
Type of Research Activity
Applied Research
Date Coverage
2012
2020
Year of data publication
2022
Creator(s) for Citation
Edward
Frees
Adam
Butt
Publisher for Citation
The Australian National University Data Commons
Publications
10.25911/0SE7-N746
ANU insurable risks
Frees and Butt (2022), "ANU insurable risks," Australian National University Open Research Library, https://doi.org/10.25911/0SE7-N746
Related Websites
https://OpenActTexts.github.io/
Open Actuarial Textbooks
Access Rights
Open Access
Access Rights Type
Open
Rights held in and over the data
Creative Commons Licence CC BY is assigned to this data. Details of the licence can be found at https://creativecommons.org/licenses/by/4.0/
Licence Type
CC-BY - Attribution
Extent or Quantity
1 file
Data Size
3.03 KB
Data Management Plan
No
Status: Published
Published to:
  • Australian National University
  • Australian National Data Service
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