Difference between revisions of "Friedland15.Evaluation"
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|| [https://www.battleacts5.ca/pdf/Exam_(2017_1-Spring)/(2017_1-Spring)_(26).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.Spring #26)'''</span> | || [https://www.battleacts5.ca/pdf/Exam_(2017_1-Spring)/(2017_1-Spring)_(26).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.Spring #26)'''</span> | ||
| − | || | + | || '''assess ECR''': <br> - BF method |
| − | || | + | || '''method comparison''': <br> to Benktander |
| − | || | + | || '''investigating results''': <br> - questions for mgmt : <span style="color: red;"><sup>'''1'''</sup></span> |
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| + | : : <span style="color: red;"><sup>'''1'''</sup></span> See ''[[Friedland04.Meetings]]'' for potential questions. | ||
==In Plain English!== | ==In Plain English!== | ||
Revision as of 19:24, 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 15: Evaluation of 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 #25) expected paid claims:
- calculateunpaid estimate:
- recommendationE (2018.Spring #24) E (2018.Spring #26) E (2017.Fall #27) assess method:
- paid & rptd devlptassess method:
- Freq-Sev, rptd BFassess method:
- paid devlpt, paid BFE (2017.Fall #28) assess CDFs:
- devlpt, BF, Freq-Sevassess ECR:
- BF methodE (2017.Spring #21) identify scenario:
- consistent with resultsidentify scenario:
- explains differencealternate method:
- for part (a)alternate method:
- for part (b)E (2017.Spring #26) assess ECR:
- BF methodmethod comparison:
to Benktanderinvestigating results:
- questions for mgmt : 1E (2016.Fall #16) Friedland05.Triangles Friedland05.Triangles Friedland06.Diagnostics select method:
- settlement rate changeE (2016.Fall #18) E (2016.Fall #27) E (2016.Spring #24) E (2016.Spring #25) E (2015.Fall #19) impact/solution:
- long development patternimpact/solution:
- tort reformimpact/solution:
- higher deductiblesimpact/solution:
- faster claims processingE (2015.Fall #22) E (2015.Fall #25) E (2014.Fall #19) E (2014.Fall #22) E (2014.Fall #24) E (2014.Spring #17) E (2014.Spring #22) E (2013.Fall #18) E (2013.Fall #24) E (2013.Spring #21) E (2013.Spring #22) E (2013.Spring #26)
- : 1 See Friedland04.Meetings for potential questions.
