Difference between revisions of "Friedland16.ALAE"

From CAS Exam 5
Jump to navigation Jump to search
(BattleTable)
(BattleTable)
Line 37: Line 37:
 
|| '''paid ALAE development''': <br> - ultimate ''(with large loss)''  
 
|| '''paid ALAE development''': <br> - ultimate ''(with large loss)''  
 
|| '''multiplicative method''': <br> - ultimate ''(with large loss)''
 
|| '''multiplicative method''': <br> - ultimate ''(with large loss)''
||
+
| style='background-color: lightgrey;' |
||
+
| style='background-color: lightgrey;' |
  
 
|-
 
|-

Revision as of 22:51, 31 December 2019

Chapter 16: Estimating Unpaid Allocated Claim Adjustment Expenses

Reading: Friedland, J.F., Estimating Unpaid Claims Using Basic Techniques, Casualty Actuarial Society, Third Version, July 2010. The Appendices are excluded.

Study Tips

Keywords

BattleTable

Based on past exams, the main things you need to know (in rough order of importance) are:

  • fact A...
  • fact B...
reference part (a) part (b) part (c) part (d)
E (2019.Spring #24) multiplicative method:
- ultimate
ALAE ratio methods:
- additive vs multiplicative
advantage/disadvantage
- of ALAE ratio methods
E (2018.Spring #25)
E (2017.Spring #25) paid ALAE development:
- ultimate (with large loss)
multiplicative method:
- ultimate (with large loss)
E (2016.Spring #23)
E (2015.Fall #24)
E (2014.Spring #21)

In Plain English!

POP QUIZ ANSWERS