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CHAIN LADDER METHOD FOR IBNR RESERVE (INCURRED BUT NOT REPORTED)

Journal: Science and world (Vol.2, No. 22)

Publication Date:

Authors : ; ;

Page : 111-113

Keywords : claims reserve; IBNR reserve; loss development factor.;

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Abstract

It is necessary to conduct extrapolation to count claims reserve more frequently than annual period for which final loss development factors are available.

Last modified: 2016-07-21 22:46:00