Difference between revisions of "Friedland11.FreqSev"
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|| [https://www.battleacts5.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(18).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.Fall #18)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(18).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.Fall #18)'''</span> | ||
| + | || '''ultimate''': <br> - Freq-Sev method | ||
| + | || '''trend in counts''': <br> - explain | ||
| + | || '''seasonality''': <br> - suggest diagnostic | ||
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| + | || [https://www.battleacts5.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(20).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.Fall #20)'''</span> | ||
|| '''ultimate frequency''': <br> - select & justify | || '''ultimate frequency''': <br> - select & justify | ||
|| '''ultimate severity''': <br> - select & justify | || '''ultimate severity''': <br> - select & justify | ||
|| '''ultimate''': <br> - B-F & Freq-Sev methods | || '''ultimate''': <br> - B-F & Freq-Sev methods | ||
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Revision as of 15:17, 1 July 2020
Reading: Friedland, J.F., Estimating Unpaid Claims Using Basic Techniques, Casualty Actuarial Society, Third Version, July 2010. The Appendices are excluded.
Chapter 11: Frequency-Severity Methods
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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 #15) unpaid claims:
- freq-sev methodidentify scenario:
- rptd claims downE (2019.Spring #20) tail severity:
- provide an estimatetail severity:
- selection of maturity ageE (2018.Spring #18) E (2017.Fall #18) ultimate:
- Freq-Sev methodtrend in counts:
- explainseasonality:
- suggest diagnosticE (2017.Fall #20) ultimate frequency:
- select & justifyultimate severity:
- select & justifyultimate:
- B-F & Freq-Sev methodsE (2017.Fall #23) E (2017.Spring #16) E (2017.Spring #17) E (2016.Fall #20) E (2016.Fall #22) E (2016.Spring #19) E (2015.Fall #20) E (2015.Spring #20) E (2015.Spring #21) E (2014.Fall #16) E (2014.Fall #17) E (2014.Spring #16) E (2013.Fall #16) E (2013.Spring #19)
