Results 241 to 250 of about 70,772 (294)

Using expected loss ratios in reserving

Insurance: Mathematics and Economics, 1993
Abstract The required loss reserve for a recent time period is estimated by using the recent loss experience plus two probability distributions. One distribution is of ultimate losses for the recent period, based on prior experience and rate adequacy changes.
exaly   +2 more sources

Loss reserve variability and loss reserve errors

The Journal of Risk Finance, 2014
Purpose– The purpose of this study is to assess the level and variability of Ghanaian property and liability insurer’s reserve estimates to examine its sources and ascertain if reserve errors are random or not (i.e. manipulated or not).Design/methodology/approach– It uses information on insurer claim reserve provisions, claims outstanding, claims ...
Anthony Q.Q. Aboagye   +2 more
openaire   +1 more source

THE IMPACTS OF INDIVIDUAL INFORMATION ON LOSS RESERVING

ASTIN Bulletin, 2020
AbstractThe projection of outstanding liabilities caused by incurred losses or claims has played a fundamental role in general insurance operations. Loss reserving methods based on individual losses generally perform better than those based on aggregate losses.
Zhigao Wang, Xianyi Wu, Chunjuan Qiu
openaire   +2 more sources

Credibility in Loss Reserving

North American Actuarial Journal, 2015
This article proposes using credibility theory in the context of stochastic claims reserving. We consider the situation where an insurer has access to the claims experience of its peer competitors and has the potential to improve prediction of outstanding liabilities by incorporating information from other insurers.
Peng Shi, Brian M. Hartman
openaire   +1 more source

A Control Approach to Insurance Loss Reserving

Management Science, 1971
Most casualty insurance loss reserving has been performed on a “case basis” without regard to the causal factors which affect losses—accident frequency, accident severity, and the firm's exposure to claims. Here, a control approach is developed which permits the loss reserve decision-maker to establish loss reserves on the basis of these indicators of
openaire   +1 more source

Cumulative Losses, Capital Reserves, and Loss Limits

The Journal of Risk Finance, 2001
This article addresses the issue of cumulative losses that fund managers, reinsurers, and bankers all face. The author shows how to estimate expected multi‐period (cumulative) losses, given projections of single‐period trading losses or insurance claims. For fund managers, these results provide guidelines for interpreting the fund's daily Value‐at‐Risk
openaire   +1 more source

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