What factor is NOT typically considered in determining claims reserve?

In determining claims reserves, a key element is that the process should be based on quantifiable data and objective criteria rather than subjective viewpoints. The adjuster's personal opinion, while certainly valuable in the context of a claim's circumstances and nuances, is not a reliable or objective metric for setting reserves. Reserves are established to project the insurer's liability and should rely on statistical data, historical payout records, and estimates related to the type and number of claims expected.

Conversely, the other factors such as the number of claims filed provide a direct indicator of potential liability, and historical claim payouts reflect past behaviors of claim costs that can inform future reserve requirements. Similarly, estimating the cost of future claims based on available data is crucial for accurately reflecting the financial obligation the insurer might face. Therefore, the adjuster's personal opinion stands apart as it lacks the empirical basis that other factors possess in reserve determination.