Friedland08.ExpectedClms

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 (2016.Spring #16)	unpaid claims: - expected claims method	Friedland07.Development	Friedland09.BornFerg
E (2015.Fall #17)	Friedland07.Development	ultimate claims: - expected claims method
E (2015.Spring #18)
E (2014.Fall #15)
E (2014.Spring #19)

In Plain English!

Let's build from a very simple of the ECR method or Expected Claims Ratio method. Suppose you're given the following:

• ECR = 75%
• EP = 1,000

Then

• ultimate loss = ECR x EP = 75% x 1,000 = 750