Friedland11.FreqSev

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

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 method	identify scenario: - rptd claims down
E (2019.Spring #20)	tail severity: - provide an estimate	tail severity: - selection of maturity age
E (2018.Spring #18)
E (2017.Fall #18)	ultimate: - Freq-Sev method	trend in counts: - explain	seasonality: - suggest diagnostic
E (2017.Fall #20)	ultimate frequency: - select & justify	ultimate severity: - select & justify	ultimate: - B-F & Freq-Sev methods
E (2017.Fall #23)	tail severity: - provide an estimate	tail severity: - selection of maturity age
E (2017.Spring #16)	IBNR: - Freq-Sev method	ads/disads: - Freq-Sev method
E (2017.Spring #17)	ultimate: - Freq-Sev method
E (2016.Fall #20)	disposal rates - good: - Freq-Sev method	disposal rates - not good: - Freq-Sev method	adjustments: - to Freq-Sev method
E (2016.Fall #22)	settlement rate change: - provide evidence	ultimate: - Freq-Sev method
E (2016.Spring #19)	does Freq-Sev work?: - long-tailed lines	does Freq-Sev work?: - many reopened claims	does Freq-Sev work?: - spike in high-severity clms	does Freq-Sev work?: - change in case reserving
E (2015.Fall #20)	does Freq-Sev work?: - general liability	does Freq-Sev work?: - reduced deductibles	unpaid claim estimate: - suggest improvement
E (2015.Spring #20)	ultimate: - use several methods	do methods work: - discuss
E (2015.Spring #21)	ultimate: - Freq-Sev method	spike in severity: - adjust Freq-Sev method
E (2014.Fall #16)	estimate of counts: - assess reasonableness
E (2014.Fall #17)
E (2014.Spring #16)
E (2013.Fall #16)
E (2013.Spring #19)