1) adjustments for case reserve adequacy levels which would affect
incurred losses
2) adjustments for changes in the rate of settlement which would affect
incurred losses and paid losses. They make this adjustment
to cumulative paid losses yet they do not describe this method
until the next section??? See page 133.
-----Original Message-----
From: Budde, Paul [mailto:Paul_Budde@blanch.com]
Sent: Wednesday, August 05, 1998 1:07 PM
To: studygroup7@lists.casact.org
Subject: More on Berquist-Sherman
While others are raising questions on B-S, let me throw in another:
Can anyone explain how column 5 of Exhibit G is produced?
Thanks,
Paul
pbudde@blanch.com
EWB
Mpls