MARC Record from Library of Congress

LEADER: 03246cam a22002894a 4500
001 2007002022
003 DLC
005 20080909075652.0
008 070122s2007 ctua 001 0 eng
010 $a 2007002022
020 $a9781566986113 (pbk. : alk. paper)
040 $aDLC$cDLC$dDLC
043 $an-us---
050 00 $aHG8065$b.B76 2007
082 00 $a368.1/0110973$222
100 1 $aBrown, Robert L.,$d1947-
245 10 $aIntroduction to ratemaking and loss reserving for property and casualty insurance /$cRobert L. Brown, Leon R. Gottlie.
250 $a3rd ed.
260 $aWinsted, Conn. :$bACTEX Publications, Inc.,$cc2007.
300 $axi, 195 p. :$bill. ;$c23 cm.
500 $aIncludes index.
505 0 $aPreface -- 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.
650 0 $aProperty insurance$xRates$zUnited States.
650 0 $aCasualty insurance$xRates$zUnited States.
650 0 $aInsurance$zUnited States$xReserves.
700 1 $aGottlieb, Leon R.
856 41 $3Table of contents only$uhttp://www.loc.gov/catdir/toc/ecip078/2007002022.html