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elizabeth smith
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Decks in this class (16)
Reserving - basics
Accurate estimate of unpaid claim...,
Assumptions of chain ladder 2,
Chain ladder works best when 3
41
cards
Reserving - other techniques
Frequency severity techniques 1,
F s assumptions 2,
F s advantages 3
39
cards
Reserving - ALAE
Blank 1,
Estimating alae 3 common approach...,
Advantages of ratio approach 3
6
cards
Reserving - ULAE
Approaches to estimating ulae 1,
Dollar based tech generalized app...,
Selecting ratio w 3
18
cards
other reserving
General order of diagnostic trian...,
Why are tail factor selections im...,
Difficulties in selecting a tail ...
8
cards
Data, Profit, and Background
3 criteria for good exposure based 1,
Common exposure bases 2,
4 common ways to measure exposure...
23
cards
Addressing an Imbalanced Fund Ins Eqn
Some options to addressing imbala...,
Reasons why equation is imbalances 2,
Statement of principles rm 3
16
cards
one time and continuous changes
One time changes and common types 1,
Need to adjust for one time chang...,
Direct and indirect effects 3
25
cards
development and expenses
Development ensures 1,
Development represents 2,
Why can exposures prem loss and a...
20
cards
CMP & risk classification
Coverage trigger 1,
2 primary types of coverage trigg...,
Cmps were created in effort to 3
17
cards
univariate and multivariate
3 main approaches for univariate 1,
Main distortion in ppa 2,
Distributional bias 3
25
cards
special classifications
What is the rv that is considered...,
Few challenges when determining i...,
2 steps in territorial rm 3
32
cards
credibility
When we don t have enough data fo...,
While losses for any one risk wil...,
Amount of credibility given to ob...
16
cards
individual risk rating
Why are some commercial lines ins...,
Experience rating 2,
Iso gcl experience rating plan 3
17
cards
implementation
Calculating new rates for existin...,
Expense fees 2,
Fixed expense fee per exposure 3
19
cards
errata
2 step trending 1,
Loss costs 2,
Company change using ind lc chang...
27
cards
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Exam 5
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