Abstract
Weissner presents a stochastic method of extrapolating further development, assuming that claims arise according to a known distribution curve. Maximum likelihood methods are used. Though not indicated in this paper, parameter uncertainty can be incorporated with this model.
Volume
LXV
Page
1-9
Year
1978
Categories
Actuarial Applications and Methodologies
Reserving
Reporting Lags
Financial and Statistical Methods
Loss Distributions
Publications
Proceedings of the Casualty Actuarial Society
Prizes
Woodward-Fondiller Prize
