RE: bill g <billg799@yahoo.com>: berquist and sherman page 154

Gardner,Brad-FICOH ( (no email) )
Wed, 2 Jun 1999 08:09:23 -1000

Right, B & S uses the "adjustment for changes in the rate of settlement"
method in the section on "adjustments for changing case reserve adequacy"
before they discuss this method in the next section.....poorly written paper
if you ask me. But who is asking.

Brad
bgardner@ficoh.com

-----Original Message-----
From: Mailnet
Sent: Wednesday, June 02, 1999 7:53 AM
To: Gardner,Brad-FICOH
Subject: bill g <billg799@yahoo.com>: berquist and sherman page 154
exhibit g

From: bill g <billg799@yahoo.com>

berquist and sherman on page 154 exhibit g give paid projection after
adjustment of 7691,14967,25607,49072,79665 etc does anyone know where
these number came from? on page 133 it says that the historical values
of cumulative paid losses were adjusted to reduce the impact of
increases in the rate of settlement of claims... is that what was going
on here?

thanks for your help

bill g

billg799@yahoo.com
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