Difference between revisions of "Friedland17.ULAE"
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|| [https://www.battleacts5.ca/pdf/Exam_(2017_2-Fall)/(2017_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;'>'''(2017.Fall #26)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2017_2-Fall)/(2017_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;'>'''(2017.Fall #26)'''</span> | ||
| − | || | + | || '''classical technique''': <br> - unpaid ULAE |
| − | || | + | || '''calculate ratio''': <br> → (paid ULAE)/(paid claims) |
| − | || | + | || '''assess reasonableness''': <br> - ULAE estimate |
| − | || | + | | style='background-color: lightgrey;' | |
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Revision as of 00:50, 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:
→ (paid ULAE)/(paid claims)assess reasonableness:
- ULAE estimateE (2017.Spring #24) E (2016.Fall #26) E (2016.Spring #22) E (2015.Spring #25) E (2014.Fall #23) E (2013.Fall #19) E (2013.Spring #25)
