Hi, I haven't seen a question till date on this, but if we were given triangles of say HH business and asked to calculate implicit inflation in the data ( to prove CL assumptions or otherwise) - how might we go about it? Or will questions of this sort be out of scope? I think we might need to look at average cost per claim to determine this . Any views? Thanks Chandra
Probably look at trends in average cost per claim, broken down by claim type / heads of damage, ask claims handlers etc. Maybe look at diagonal distortions in the triangles.
