An edition of Introduction to ratemaking and loss reserving for property and casualty insurance (1993)

Introduction to ratemaking and loss reserving for property and casualty insurance

3rd ed.

by , , and

  • ★★★★★ 5.0 (1 rating) ·
  • 42 Want to read
  • 3 Currently reading
  • 1 Have read
Introduction to ratemaking and loss reserving ...
Brown, Robert L., Robert L. Br ...
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  • ★★★★★ 5.0 (1 rating) ·
  • 42 Want to read
  • 3 Currently reading
  • 1 Have read
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Last edited by bgimpertBot
April 16, 2010 | History
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An edition of Introduction to ratemaking and loss reserving for property and casualty insurance (1993)

Introduction to ratemaking and loss reserving for property and casualty insurance

3rd ed.

by , , and

  • ★★★★★ 5.0 (1 rating) ·
  • 42 Want to read
  • 3 Currently reading
  • 1 Have read

"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"--

Publish Date
Publisher
ACTEX Publications, Inc.
Language
English

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Previews available in: English

Subjects

Casualty Insurance, Insurance, Property Insurance, Rates, Reserves, Property insurance, Casualty insurance

Places

United States
Edition Availability
Cover of: Introduction to ratemaking and loss reserving for property and casualty insurance
Introduction to ratemaking and loss reserving for property and casualty insurance
2015, ACTEX Publications, Inc.
in English - Fourth Edition.
Cover of: Introduction to Ratemaking and Loss Reserving for Property and Casualty Insurance
Introduction to Ratemaking and Loss Reserving for Property and Casualty Insurance
2007, ACTEX Publications
Paperback - 3rd edition
Cover of: Introduction to ratemaking and loss reserving for property and casualty insurance
Introduction to ratemaking and loss reserving for property and casualty insurance
2007, ACTEX Publications, Inc.
in English - 3rd ed.
Cover of: Introduction to ratemaking and loss reserving for property and casualty insurance
Introduction to ratemaking and loss reserving for property and casualty insurance
2001, ACTEX Publications
in English - 2nd ed.
Cover of: Introduction to ratemaking and loss reserving for property and casualty insurance
Introduction to ratemaking and loss reserving for property and casualty insurance
1993, ACTEX Publications
in English

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Book Details

Table of Contents

Preface
Acknowledgements
Preface to second edition
Why insurance?
The evolution of insurance
How insurance works
Insurance and utility
What makes a risk insurable
What insurance is and is not
Risk, peril, and hazard
Purchase of insurance: other reasons
Exercises
Coverages
Introduction
Automobile insurance
Liability insurance (Section A)
Medical benefits (Section B)
Uninsured and under insured motorist coverage
Collision and other than collision (Section C)
Homeowners insurance
Tenants package
Workers compensation
Fire insurance
Marine insurance
Liability insurance
Limits to coverage
Deductibles
Policy limits
Conclusion
Exercises
Ratemaking
Introduction
Objectives of ratemaking
Essential objectives
Non-essential but desirable objectives
Frequency and severity
Data for ratemaking
Accident year
Policy year
Calendar year
Premium data
The exposure unit
The expected effective period
Ingredients of ratemaking
Loss-development factors
Trend factors
Expenses
Loading for profit and contingencies
Credibility factors
Investment income
Rate changes
Overall average rate change
Changing risk classification differentials
Balancing back
Summary of the rate change procedure
Exercises
Loss reserving
Introduction
How outstanding benefits arise
Definition of terms
Individual claim file estimates
Gross IBNR
Paid loss development
Incurred loss development
Salvage and subrogation
Loss adjustment expenses
Fast track reserves
Professional considerations
Checking the data
Loss reserving methods
Case reserves plus
The expected loss ratio method
The chain-ladder or loss-development triangle method
The bornhuetter-ferguson method
Estimates split into frequency and severity
Summary
Discounting loss reserves
Exercises
Intermediate topics
Individual risk rating plans
Increased limits factors
Data considerations
Loss development
Trend
Risk
Expenses
Loss distributions
Reinsurance
Reserving for reinsurance
Exercises
Appendix A
Answers to text exercises
Index 185.

Edition Notes

Includes index.

Published in
Winsted, Conn

Classifications

Dewey Decimal Class
368.1/0110973
Library of Congress
HG8065 .B76 2007

The Physical Object

Pagination
p. cm.

ID Numbers

Open Library
OL17566732M
ISBN 13
9781566986113
LCCN
2007002022
Goodreads
7268507

Source records

Library of Congress MARC record
Library of Congress MARC record
Library of Congress MARC record
Library of Congress MARC record

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
April 16, 2010 Edited by bgimpertBot Added goodreads ID.
December 15, 2009 Edited by WorkBot link works
May 12, 2009 Edited by ImportBot Found a matching Library of Congress MARC record
May 6, 2009 Edited by ImportBot Found a matching Library of Congress MARC record
September 29, 2008 Created by ImportBot Imported from Library of Congress MARC record