Difference between revisions of "Friedland01.Overview"
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==In Plain English!== | ==In Plain English!== | ||
| + | * unpaid claims estimates are important to: ''internal managers, investors, insurance regulators'' | ||
| + | * 5 components of unpaid claim estimate: | ||
| + | *# case outstanding | ||
| + | *# IBNER | ||
| + | *# reopened claims | ||
| + | *# IBNYR | ||
==POP QUIZ ANSWERS== | ==POP QUIZ ANSWERS== | ||
Revision as of 19:25, 8 May 2020
Reading: Friedland, J.F., Estimating Unpaid Claims Using Basic Techniques, Casualty Actuarial Society, Third Version, July 2010. The Appendices are excluded.
Chapter 1: Overview
Pop Quiz
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 (2014.Fall #13)
In Plain English!
- unpaid claims estimates are important to: internal managers, investors, insurance regulators
- 5 components of unpaid claim estimate:
- case outstanding
- IBNER
- reopened claims
- IBNYR
