Difference between revisions of "Friedland13.BerqSherm"
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|| [https://www.battleacts5.ca/pdf/Exam_(2013_2-Fall)/(2013_2-Fall)_(23).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;'>'''(2013.Fall #23)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2013_2-Fall)/(2013_2-Fall)_(23).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;'>'''(2013.Fall #23)'''</span> | ||
| − | || | + | || '''operational change''': <br> - explain |
| − | || | + | || '''investigating the change''': <br> - questions for clms mgmt <span style="color: red;"><sup>'''2'''</sup></span> |
| − | || | + | || '''diagnostics''': <br> - to check results |
| − | || | + | | style='background-color: lightgrey;' | |
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: <span style="color: red;"><sup>'''1'''</sup></span> This question requires knowledge of pricing. You may need to come back to it later if you haven't covered the pricing material yet. | : <span style="color: red;"><sup>'''1'''</sup></span> This question requires knowledge of pricing. You may need to come back to it later if you haven't covered the pricing material yet. | ||
| + | : <span style="color: red;"><sup>'''2'''</sup></span> See ''[[Friedland04.Meetings]]'' for potential questions. | ||
| + | : <span style="color: red;"><sup>'''3'''</sup></span> Review ''[[Friedland06.Diagnotics]]''. | ||
==In Plain English!== | ==In Plain English!== | ||
Revision as of 15:34, 2 July 2020
Reading: Friedland, J.F., Estimating Unpaid Claims Using Basic Techniques, Casualty Actuarial Society, Third Version, July 2010. The Appendices are excluded.
Chapter 13: Berquist-Sherman Methods
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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.Fall #21) unpaid:
- reported Berq-ShermE (2019.Spring #14) accuracy of paid devlpt:
- evaluateE (2019.Spring #22) ultimate:
- reported Berq-ShermE (2018.Spring #21) E (2017.Fall #24) IBNR:
- reported Berq-Shermalternate method:
- propose & justifyE (2017.Spring #22) claim count adjustment:
- under paid Berq-ShermE (2016.Fall #23) unpaid:
- reported Berq-Sherm, B-FE (2016.Spring #20) ultimate:
- paid Berq-ShermE (2016.Spring #21) Friedland06.Diagnostics ultimate:
- suggest methodE (2015.Fall #21) disposal rates:
- paid Berq-Shermdistortion:
- paid Berq-ShermE (2015.Spring #22) impact:
- settlement rate changeresponse:
- to settlement rate changerelated methods:
- rptd B-S, rptd devlptE (2015.Spring #23) evaluate methods:
- paid & rptd devlptadjustment to method:
- propose & justifyE (2014.Fall #20) ultimate:
- rptd & paid Berq-ShermE (2014.Spring #18) ultimate:
- select & apply 2 methodsE (2013.Fall #6) ultimate: 1
- reported Berq-ShermE (2013.Fall #21) ultimate:
paid Berq-ShermE (2013.Fall #23) operational change:
- explaininvestigating the change:
- questions for clms mgmt 2diagnostics:
- to check resultsE (2013.Spring #23)
- 1 This question requires knowledge of pricing. You may need to come back to it later if you haven't covered the pricing material yet.
- 2 See Friedland04.Meetings for potential questions.
- 3 Review Friedland06.Diagnotics.
