Difference between revisions of "Friedland17.ULAE"
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|| [https://www.battleacts5.ca/pdf/Exam_(2016_2-Fall)/(2016_2-Fall)_(26).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Fall #26)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2016_2-Fall)/(2016_2-Fall)_(26).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Fall #26)'''</span> | ||
| − | || | + | || '''classical technique''': <br> - unpaid ULAE |
| − | || | + | || '''classical technique''': <br> - assumption violation |
| − | || | + | || '''Kittle refinement''': <br> - assess appropriateness |
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Revision as of 00:57, 6 January 2020
Chapter 17: Estimating ULAE (UnAllocated 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
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.Fall #24) Kittel refinement
- unpaid ULAEcalculation changes:
* clms-made → occurrenceE (2018.Fall #22) IBNYR claims:
- calculateany method:
- unpaid ULAEE (2018.Spring #23) classical technique:
- unpaid ULAEKittel refinement:
- unpaid ULAEcompare techniques:
- classical vs KittelE (2017.Fall #26) classical technique:
- unpaid ULAEcalculate ratio:
→ (pd ULAE)/(pd claims)assess reasonableness:
- ULAE estimateE (2017.Spring #24) ULAE scenario:
- expanding operationsULAE scenario:
- hurricane riskULAE scenario:
- long-tail lineE (2016.Fall #26) classical technique:
- unpaid ULAEclassical technique:
- assumption violationKittle refinement:
- assess appropriatenessE (2016.Spring #22) E (2015.Spring #25) E (2014.Fall #23) E (2013.Fall #19) E (2013.Spring #25)
