Difference between revisions of "Friedland16.ALAE"

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|| [https://www.battleacts5.ca/pdf/Exam_(2019_1-Spring)/(2019_1-Spring)_(24).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;'>'''(2019.Spring #24)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2019_1-Spring)/(2019_1-Spring)_(24).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;'>'''(2019.Spring #24)'''</span>
 
|| '''ultimate ALAE''': <br> - multiplicative method
 
|| '''ultimate ALAE''': <br> - multiplicative method
|| '''ALAE ratio methods''': - additive vs multiplicative
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|| '''ALAE ratio methods''': <br> - additive vs multiplicative
 
|| '''advantage/disadvantage''' <br> - of ALAE ratio methods
 
|| '''advantage/disadvantage''' <br> - of ALAE ratio methods
 
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Revision as of 22:46, 31 December 2019

Chapter 16: Estimating Unpaid Allocated 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

Keywords

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.Spring #24) ultimate ALAE:
- multiplicative method
ALAE ratio methods:
- additive vs multiplicative
advantage/disadvantage
- of ALAE ratio methods
E (2018.Spring #25)
E (2017.Spring #25)
E (2016.Spring #23)
E (2015.Fall #24)
E (2014.Spring #21)

In Plain English!

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