Difference between revisions of "Friedland09.BornFerg"
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|| [https://www.battleacts5.ca/pdf/Exam_(2016_2-Fall)/(2016_2-Fall)_(21).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 #21)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2016_2-Fall)/(2016_2-Fall)_(21).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 #21)'''</span> | ||
| − | || | + | || '''IBNR''': <br> - B-F method |
| − | || | + | || '''ECR assumption''': <br> - assess reasonableness |
| − | || | + | || '''alternate method''': - recommend & justify |
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Revision as of 13:47, 30 June 2020
Reading: Friedland, J.F., Estimating Unpaid Claims Using Basic Techniques, Casualty Actuarial Society, Third Version, July 2010. The Appendices are excluded.
Chapter 9: Bornhuetter-Ferguson Method
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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 #17) ultimate:
- reported B-Fultimate:
- reported B-Fcombining data:
- argument againstE (2019.Spring #19) Friedland07.Development ultimate:
- reported B-F (tort reform)E (2018.Spring #17) E (2018.Spring #19) E (2017.Spring #18) Friedland08.ExpectedClms unpaid & IBNR:
- B-F reported methodE (2016.Fall #21) IBNR:
- B-F methodECR assumption:
- assess reasonablenessalternate method: - recommend & justify E (2016.Spring #16) Friedland08.ExpectedClms Friedland07.Development ultimate:
- paid B-FE (2015.Fall #18) E (2015.Spring #19) E (2014.Fall #18) E (2014.Spring #14) E (2013.Fall #17) E (2013.Spring #4) E (2013.Spring #18)
