Difference between revisions of "SOP.UnpaidClms"
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: [https://www.battleacts5.ca/pdf/CAS_(Unpaid_Claim_Estimates).pdf <span style="color: white; font-size: 12px; background-color: sandybrown; border: solid; border-width: 2px; border-radius: 10px; border-color: sandybrown; padding: 1px 3px 1px 3px; margin: 0px;">'''''STATEMENT of PRINCIPLES: Unpaid Claims Estimates'''''</span>] | : [https://www.battleacts5.ca/pdf/CAS_(Unpaid_Claim_Estimates).pdf <span style="color: white; font-size: 12px; background-color: sandybrown; border: solid; border-width: 2px; border-radius: 10px; border-color: sandybrown; padding: 1px 3px 1px 3px; margin: 0px;">'''''STATEMENT of PRINCIPLES: Unpaid Claims Estimates'''''</span>] | ||
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+ | Here's the essence of the 3 principles: | ||
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+ | '''Principle 1''' | ||
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+ | * | ||
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+ | '''Principle 2''' | ||
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+ | * | ||
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+ | '''Principle 3''' | ||
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+ | * | ||
==POP QUIZ ANSWERS== | ==POP QUIZ ANSWERS== |
Revision as of 13:49, 17 August 2020
Pop Quiz
Study Tips
This reading is only 2 pages. It provides definitions of basic terms like claim and coverage as well as 3 Principles regarding unpaid claims estimates. The definitions are obvious and you can take a few minutes to scan them if you'd like (link provided below.) The only things you specifically have to memorize are the 3 principles.
Estimated study time: 30 minutes (not including subsequent review time)
BattleTable
Based on past exams, the main things you need to know (in rough order of importance) are:
- how to assess reserving issues using common sense
reference part (a) part (b) part (c) part (d) E (2013.Fall #15) reserve study design:
- considerationsFriedland06.Diagnostics Friedland06.Diagnostics Friedland06.Diagnostics
In Plain English!
Here's a link to the source text:
Here's the essence of the 3 principles:
Principle 1
Principle 2
Principle 3