Difference between revisions of "Friedland06.Diagnostics"
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|| [https://www.battleacts5.ca/pdf/Exam_(2013_2-Fall)/(2013_2-Fall)_(15).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;'>'''(2013.Fall #15)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2013_2-Fall)/(2013_2-Fall)_(15).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;'>'''(2013.Fall #15)'''</span> | ||
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| + | : <span style="color: red;">'''<sup>1</sup>'''</span> Parts (b), (c), (d) of this question require a synthesis of knowledge from several different chapters. You can look at it now but you may not be able to answer all of it until you've covered the chapters of on different reserving methods. | ||
==In Plain English!== | ==In Plain English!== | ||
Revision as of 13:41, 16 June 2020
Reading: Friedland, J.F., Estimating Unpaid Claims Using Basic Techniques, Casualty Actuarial Society, Third Version, July 2010. The Appendices are excluded.
Chapter 6: The Development Triangle as a Diagnostic Tool
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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 (2017.Spring #15) paid/rptd claims ratio:
- interpretationpaid/rptd counts ratio:
- interpretationE (2016.Spring #21) case reserve adequacy:
- suggest diagnosticFriedland13.BerqSherm E (2016.Fall #16) Friedland05.Triangles Friedland05.Triangles settlement rate change:
- suggest diagnosticFriedland07.Development
Friedland13.BerqShermE (2015.Spring #16) operational change:
- suggest diagnosticFriedland07.Development
Friedland13.BerqShermE (2014.Fall #14) Friedland05.Triangles operational change:
- suggest diagnosticE (2013.Fall #15) SOP.UnpaidClms combining data: 1
- suggest diagnosticsE (2013.Spring #20)
- 1 Parts (b), (c), (d) of this question require a synthesis of knowledge from several different chapters. You can look at it now but you may not be able to answer all of it until you've covered the chapters of on different reserving methods.
