Difference between revisions of "Friedland02.ClmsProcess"
Jump to navigation
Jump to search
(→Provision for Claims In Transit (incurred and reported but not recorded)) |
(→Keywords) |
||
| Line 6: | Line 6: | ||
| − | == | + | ==Study Tips== |
| + | |||
| + | If you've been working at an insurance company for a few years then much of this chapter covers material you already know. The 2 items to pay close attention to are: | ||
| + | |||
| + | * 5 elements of the unpaid claim/loss estimate | ||
| + | * formula for reported claims/losses | ||
| + | |||
| + | Aside from that, the wiki provides a brief summary of each subsection with the chapter. If you want more detail, you can use the source text for bedtime reading. | ||
| + | |||
| + | '''Estimated study time''': 1 hour ''(not including subsequent review time)'' | ||
==BattleTable== | ==BattleTable== | ||
Revision as of 15:50, 1 June 2020
Reading: Friedland, J.F., Estimating Unpaid Claims Using Basic Techniques, Casualty Actuarial Society, Third Version, July 2010. The Appendices are excluded.
Chapter 2: The Claims Process
Contents
Pop Quiz
Study Tips
If you've been working at an insurance company for a few years then much of this chapter covers material you already know. The 2 items to pay close attention to are:
- 5 elements of the unpaid claim/loss estimate
- formula for reported claims/losses
Aside from that, the wiki provides a brief summary of each subsection with the chapter. If you want more detail, you can use the source text for bedtime reading.
Estimated study time: 1 hour (not including subsequent review time)
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)
