Friedland16.ALAE

Chapter 16: Estimating Unpaid Allocated Claim Adjustment Expenses

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

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 #24)	multiplicative method: - ultimate	ALAE ratio methods: - additive vs multiplicative	advantage/disadvantage - of ALAE ratio methods
E (2018.Spring #25)
E (2017.Spring #25)	paid ALAE development: - ultimate (with large loss)	multiplicative method: - ultimate (with large loss)
E (2016.Spring #23)	additive or multiplicative: - ultimate	advantage/disadvantage - of ALAE ratio methods
E (2015.Fall #24)	multiplicative method: - ultimate	additive method: - ultimate	justify final selection: - ultimate
E (2014.Spring #21)	Friedland17.ULAE	ALAE ratio methods: - challenges	frequency-severity: - for legal expenses