WC Loss Development

Jennifer Bramschreiber ( (no email) )
Mon, 16 Mar 1998 14:51:08 -0600

There has been an analysis done in which WC Losses were limited to $10,000
and $25,000 for the most recent year and the prior years' limit was the
current year's limit detrended at 5%. These limited losses were then used
to derived limited loss development factors.

The final result was the Age-to-Ultimate factors for the $10,000 limit was
higher than the
Age-to-Ultimate factors for the $25,000 Limit. I was wondering if anyone
seen this phenomena and is this method actuarially sound in obtaining
limited loss development
factors.

Jennifer Bramschreiber
Unicover RE

Visit the CAS Web Site at http://www.casact.org
===============================================
To subscribe or unsubscribe from CASNET:
Send an e-mail to caslists@lists.casact.org
Type in the body join casnet to subscribe
or leave casnet to unsubscribe.