Friedland01.Overview

From CAS Exam 5
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Reading: Friedland, J.F., Estimating Unpaid Claims Using Basic Techniques, Casualty Actuarial Society, Third Version, July 2010. The Appendices are excluded.

Chapter 1: Overview

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The Friedland source text is divided into 4 parts:

Part 1: Introduction – Chapters 1-2
Part 2: Information Gathering – Chapters 3-6
Part 3: Basic Methods for Estimating Unpaid Claims – Chapters 7-15
Part 4: Estimating Unpaid Claims Adjustment Expenses – Chapters 16-17

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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
  • this wiki article is a listing of topics from the first 6 chapters with links to the appropriate material within the relevant wiki articles

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