Handbook On Loss Reserving

Author : Michael Radtke
Publisher : Springer
ISBN 13 : 3319300563
Total Pages : 317 pages
Book Rating : 4.66/5 ( download)

DOWNLOAD NOW!

Download or read book Handbook on Loss Reserving written by Michael Radtke and published by Springer. This book was released on 2016-10-26 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook presents the basic aspects of actuarial loss reserving. Besides the traditional methods, it also includes a description of more recent ones and a discussion of certain problems occurring in actuarial practice, like inflation, scarce data, large claims, slow loss development, the use of market statistics, the need for simulation techniques and the task of calculating best estimates and ranges of future losses. In property and casualty insurance the provisions for payment obligations from losses that have occurred but have not yet been settled usually constitute the largest item on the liabilities side of an insurer's balance sheet. For this reason, the determination and evaluation of these loss reserves is of considerable economic importance for every property and casualty insurer. Actuarial students, academics as well as practicing actuaries will benefit from this overview of the most important actuarial methods of loss reserving by developing an understanding of the underlying stochastic models and how to practically solve some problems which may occur in actuarial practice.

Author : Gregory Taylor
Publisher : Springer Science & Business Media
ISBN 13 : 1461545838
Total Pages : 396 pages
Book Rating : 4.35/5 ( download)

DOWNLOAD NOW!

Download or read book Loss Reserving written by Gregory Taylor and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: All property and casualty insurers are required to carry out loss reserving as a statutory accounting function. Thus, loss reserving is an essential sphere of activity, and one with its own specialized body of knowledge. While few books have been devoted to the topic, the amount of published research literature on loss reserving has almost doubled in size during the last fifteen years. Greg Taylor's book aims to provide a comprehensive, state-of-the-art treatment of loss reserving that reflects contemporary research advances to date. Divided into two parts, the book covers both the conventional techniques widely used in practice, and more specialized loss reserving techniques employing stochastic models. Part I, Deterministic Models, covers very practical issues through the abundant use of numerical examples that fully develop the techniques under consideration. Part II, Stochastic Models, begins with a chapter that sets up the additional theoretical material needed to illustrate stochastic modeling. The remaining chapters in Part II are self-contained, and thus can be approached independently of each other. A special feature of the book is the use throughout of a single real life data set to illustrate the numerical examples and new techniques presented. The data set illustrates most of the difficult situations presented in actuarial practice. This book will meet the needs for a reference work as well as for a textbook on loss reserving.

Author : Robert L. Brown
Publisher : ACTEX Publications
ISBN 13 : 1566986117
Total Pages : 204 pages
Book Rating : 4.13/5 ( download)

DOWNLOAD NOW!

Download or read book Introduction to Ratemaking and Loss Reserving for Property and Casualty Insurance written by Robert L. Brown and published by ACTEX Publications. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Robert L. Brown
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.23/5 ( download)

DOWNLOAD NOW!

Download or read book Solutions Manual for Introduction to Ratemaking and Loss Reserving for Property and Casualty Insurance written by Robert L. Brown and published by . This book was released on 2001 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Greg Taylor
Publisher :
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.28/5 ( download)

DOWNLOAD NOW!

Download or read book Loss Reserving written by Greg Taylor and published by . This book was released on 2015 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper reviews the development of loss reserving models over the past, classifying them according to an elementary taxonomy. The taxonomic components include (1) the algebraic structure of the model, (2) the form of its parameter estimation, (3) whether or not it is explicitly stochastic, and (4) whether or not its parameters evolve over time. Particular attention is given to one of the higher species of model, involving complex structure, optimal estimation, and evolutionary parameters. A generalisation of the Kalman filter is considered as a basis of adaptive loss reserving in this case. Real life numerical examples are provided.Some implications of this type of data analysis for loss reserving are discussed, with particular reference to the form of data set used. The use of triangular arrays is questioned, and alternatives examined. Again, real life numerical examples are provided.

Author : Robert L. Brown
Publisher :
ISBN 13 : 9781566980647
Total Pages : 40 pages
Book Rating : 4.4X/5 ( download)

DOWNLOAD NOW!

Download or read book Solutions Manual for Introduction to Ratemaking and Loss Reserving for Property and Casualty Insurance written by Robert L. Brown and published by . This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Robert L. Brown
Publisher :
ISBN 13 : 9781647568542
Total Pages : 0 pages
Book Rating : 4.44/5 ( download)

DOWNLOAD NOW!

Download or read book Introduction to Ratemaking and Loss Reserving for Property and Casualty Insurance written by Robert L. Brown and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This text provides a basic foundation of knowledge concerning two fundamental building blocks of property/casualty actuarial work: ratemaking and loss reserving. Although the material is of property/casualty origins, the methods presented have potential application in other insurance areas including health insurance and risk management. The text contains a number of worked examples and end-of-chapter exercises"--

Author : David Hindley
Publisher : Cambridge University Press
ISBN 13 : 1107076935
Total Pages : 513 pages
Book Rating : 4.38/5 ( download)

DOWNLOAD NOW!

Download or read book Claims Reserving in General Insurance written by David Hindley and published by Cambridge University Press. This book was released on 2017-10-26 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a single comprehensive reference source covering the key material on this subject, and describing both theoretical and practical aspects.

Author : Russell Friedman
Publisher :
ISBN 13 : 9781630760144
Total Pages : 0 pages
Book Rating : 4.45/5 ( download)

DOWNLOAD NOW!

Download or read book The Grief Recovery Handbook for Pet Loss written by Russell Friedman and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you've found yourself almost inconsolable after your pet died, please know that you're normal. If you've found that your family and friends don't seem to understand the level of your grief, please know that, too, is normal. Without comparing our relationships with our pets to those with people, we know that, because of the unique emotional relationships we have with our pets, their deaths produce a level of pain that is difficult to describe. If you relate to any or all of these sentences, this book is for you. We have been there and most probably will be there again. We will be with you on this journey to help your heart deal with the absence of your cherished companion. --Russell, Cole, and John Your relationship with your pet is special--it's a bond that is very different than those that human beings share with each other. When a beloved pet passes away, people often resort to incorrect mechanisms to deal with the grief, such as trying to move too quickly past the loss (dismissing the real impact), or even attempting to replace the pet immediately. However, these are merely two myths out of six that the authors discuss and dismantle in The Grief Recovery Handbook for Pet Loss. Based on the authors' Grief Recovery Method(R), this book addresses how losing a pet is different from losing a human loved one, and ultimately, how to move on with life.

Author : American Bar Association. House of Delegates
Publisher : American Bar Association
ISBN 13 : 9781590318737
Total Pages : 216 pages
Book Rating : 4.30/5 ( download)

DOWNLOAD NOW!

Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.