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The question talks about setting claim reserves on outstanding claims... I am slightly unclear on how this works in practice. I was under the...
Hello, I am struggling to see how the free assets in 2003 has come to 396. In my calculation I have assets = bonds (1b) + DAC(0.66) / liabs =...
Broadly speaking, given that IBNR in reporting year only consists of IBNER, in accident year it consists of pure IBNR & IBNER, and underwriting...
I can follow the calculation of mu and sigma, but where are the mean of A & B coming from?
I am struggling to get my head round the inflation trending in this calculation. In the aset solution an index is created whereby we trend product...
In calculation of the profit and loss, of the QS contracts, is it the market accepted way to calculate profit commission as PC% * ceded premium ?...
Haha apologies - september 2007 !
sorry says in the title - st3 q2ii
I am not following the rationale in the answer for the average accident date in 06' - would someone be able to explain? Thanks Ed
