This text introduces the commonly used, basic approaches for reserving and ratemaking in General Insurance. The methods are described through detailed examples that are linked from one chapter to another to illustrate their practical application. Also, professionalism requirements and standards of practice are presented to set the context for the methods and examples.Table 11.1 Proportions Written and Earned by Calendar Year for Annual Policies Policy Policy % Written in Policy ... This policy is earned fully during the first calendar year, CY1, as the 12 months of coverage fall fully within CY1 (12/12 = 100%anbsp;...
|Title||:||Fundamentals of General Insurance Actuarial Analysis|
|Author||:||Jacqueline Friedland, FCIA, FCAS, MAAA|
|Publisher||:||ACTEX Publications - 2014-01-01|