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> | ||
| − | || ''' | + | || '''multiplicative method''': <br> - ultimate ALAE |
|| '''ALAE ratio methods''': <br> - additive vs multiplicative | || '''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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|| [https://www.battleacts5.ca/pdf/Exam_(2017_1-Spring)/(2017_1-Spring)_(25).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.Spring #25)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2017_1-Spring)/(2017_1-Spring)_(25).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.Spring #25)'''</span> | ||
| − | || | + | || '''paid ALAE development''': ultimate ''(adjust for large loss)'' |
| − | || | + | || '''multiplicative method''': ultimate ''(adjust for large loss)'' |
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Revision as of 22:48, 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) multiplicative method:
- ultimate ALAEALAE ratio methods:
- additive vs multiplicativeadvantage/disadvantage
- of ALAE ratio methodsE (2018.Spring #25) E (2017.Spring #25) paid ALAE development: ultimate (adjust for large loss) multiplicative method: ultimate (adjust for large loss) E (2016.Spring #23) E (2015.Fall #24) E (2014.Spring #21)
