Difference between revisions of "Friedland16.ALAE"
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|| [https://www.battleacts5.ca/pdf/Exam_(2014_1-Spring)/(2014_1-Spring)_(21).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;'>'''(2014.Spring #21)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2014_1-Spring)/(2014_1-Spring)_(21).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;'>'''(2014.Spring #21)'''</span> | ||
| − | || | + | || [[Friedland17.ULAE]] |
| − | || | + | || '''ALAE ratio methods''': <br> - challenges |
| − | || | + | || '''frequency-severity''': <br> - for legal expenses |
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Revision as of 23:08, 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:
- ultimateALAE ratio methods:
- additive vs multiplicativeadvantage/disadvantage
- of ALAE ratio methodsE (2018.Spring #25) E (2017.Spring #25) paid ALAE development:
- ultimate (with large loss)multiplicative method:
- ultimate (with large loss)E (2016.Spring #23) additive or multiplicative:
- ultimateadvantage/disadvantage
- of ALAE ratio methodsE (2015.Fall #24) multiplicative method:
- ultimateadditive method:
- ultimatejustify final selection:
- ultimateE (2014.Spring #21) Friedland17.ULAE ALAE ratio methods:
- challengesfrequency-severity:
- for legal expenses
