(no subject)
Giunta,Theresa ( (no email) )
Tue, 13 Oct 1998 08:29:00 -0500
Petz calculates a triangle of (cumulative Paid ALAE)/(cumulative Paid
Loss). He then calculates link ratios of successive pd/pd ratios. He
determines DFs(Devlopment Factors) by multiplying the link ratios. He
applys the DFs to the reported pd/pd ratios for each year to get (ult
ALAE)/(Ult PL) ratios for each year. He uses an all-year straight
average for the link ratios.
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From: Jim Shoenfelt
To: Exam7
Date: Monday, October 12, 1998 9:55PM
=09
1. RESONY: Where does the estimated ultimate ratio in Petz+ review
of Resony come from? (Confession: I lost the paper - this is from
looking at Bob Scott+s notes.)
2.=A0=A0=A0=A0 BORN-FERG:=A0 can anyone determine where the 4295000 =
comes from on
p 191.