Abstract
The purpose of this paper will be to identify the important financial aspects of a workers’ compensation insurer and describe their incorporation into a dynamic financial model. The paper identifies and describes these financial aspects, one or more approaches for incorporating these aspects into a model, identifies the data elements needed to parameterize the models. Lastly, the paper includes a section containing an outline with identification of variables, rationale for inclusion, possible source(s) of data, and brief description of analytical methods.
Volume
Summer, Vol 2
Page
89-114
Year
1997
Categories
Actuarial Applications and Methodologies
Dynamic Risk Modeling
Dynamic Financial Analysis (DFA);
Business Areas
Workers Compensation
Publications
Casualty Actuarial Society E-Forum