ULAE Reserving

Henry John Itri ( hjitri@bellatlantic.net )
Thu, 01 Oct 1998 22:36:53 -0400

To CASNET:

Does anyone have information and/or opinions they can share on the use
of Wendy Johnson's method for ULAE reserving? Are many (any) companies
using this method? Other than the original Johnson paper and besides
Kittel's paper including Bill's review, is there more information on the
subject of ULAE reserving?

I am finding that for a particular block of business, use of even the
most extreme values for parameters of Johnsons's method yields reserves
that are much lower than reserves produced by the "traditional" calendar
year, paid to paid method. This is of course not surprising, but I am
seeking further information to give myself some degree of comfort with
adopting the method.

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.