Chapter 15 Page 20

Discussion in 'SP7' started by Laura, Jan 31, 2024.

  1. Laura

    Laura Very Active Member

    Hi all,

    Regarding version 2, the difference from the original triangle is that C16_1 has increased from 6 to 10. But I can't quite obtain the OS amount of 14.32 and only get the OS of 13.33. Not sure what I'm missing. The development factors I'm using are 0.73 (0 to 1) , 0.25 (1 to 2) and 0.5 (2 to 3).

    Thanks in advance for your help!
     
  2. Darren Michaels

    Darren Michaels ActEd Tutor Staff Member

    Don't forget that the basic chain method works on cumulative claims and not incremental claims.
     

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