Difference between revisions of "Friedland09.BornFerg"
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|| '''IBNR''': <br> - B-F method | || '''IBNR''': <br> - B-F method | ||
|| '''ECR assumption''': <br> - assess reasonableness | || '''ECR assumption''': <br> - assess reasonableness | ||
| − | || '''alternate method''': - recommend & justify | + | || '''alternate method''': <br> - recommend & justify |
| style="background-color: lightgrey;" | | | style="background-color: lightgrey;" | | ||
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 & justifyE (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)