Claim numbers

Discussion in 'SP8' started by Faldoo, Jan 3, 2012.

  1. Faldoo

    Faldoo Member

    Hi,

    I understand the difference between claims frequency and claims severity, but what are claim numbers? It talks about this in Chapter 17, page 22 of ST8.

    Many thanks.
     
  2. Pede

    Pede Member

    numbers = frequency times exposure
    frequency = numbers/exposure
     

Share This Page