Introduction to ratemaking and loss reserving for property and casualty insurance /

Κύριος συγγραφέας: Brown, Robert L., 1947-
Άλλοι συγγραφείς: Gottlieb, Leon R.
Μορφή: Βιβλίο
Γλώσσα: English
Στοιχεία έκδοσης: Winsted, Conn. : ACTEX Publications, Inc., c2007, 2009.
Έκδοση: 3η έκδ.
Ταξινομικός αριθμός: 368.1΄0110973 BRO
Θέματα:
Διαθέσιμο Online: http://www.loc.gov/catdir/toc/ecip078/2007002022.html
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Πίνακας περιεχομένων:
  • Preface
  • Acknowledgements
  • Preface to second edition
  • Why insurance?
  • The evolution of insurance
  • How insurance works
  • Insurance and utility
  • What makes a risk insurable
  • What insurance is and is not
  • Risk, peril, and hazard
  • Purchase of insurance: other reasons
  • Exercises
  • Coverages
  • Introduction
  • Automobile insurance
  • Liability insurance (Section A)
  • Medical benefits (Section B)
  • Uninsured and under insured motorist coverage
  • Collision and other than collision (Section C)
  • Homeowners insurance
  • Tenants package
  • Workers compensation
  • Fire insurance
  • Marine insurance
  • Liability insurance
  • Limits to coverage
  • Deductibles
  • Policy limits
  • Conclusion
  • Exercises
  • Ratemaking
  • Introduction
  • Objectives of ratemaking
  • Essential objectives
  • Non-essential but desirable objectives
  • Frequency and severity
  • Data for ratemaking
  • Accident year
  • Policy year
  • Calendar year
  • Premium data
  • The exposure unit
  • The expected effective period
  • Ingredients of ratemaking
  • Loss-development factors
  • Trend factors
  • Expenses
  • Loading for profit and contingencies
  • Credibility factors
  • Investment income
  • Rate changes
  • Overall average rate change
  • Changing risk classification differentials
  • Balancing back
  • Summary of the rate change procedure
  • Exercises
  • Loss reserving
  • Introduction
  • How outstanding benefits arise
  • Definition of terms
  • Individual claim file estimates
  • Gross IBNR
  • Paid loss development
  • Incurred loss development
  • Salvage and subrogation
  • Loss adjustment expenses
  • Fast track reserves
  • Professional considerations
  • Checking the data
  • Loss reserving methods
  • Case reserves plus
  • The expected loss ratio method
  • The chain-ladder or loss-development triangle method
  • The bornhuetter-ferguson method
  • Estimates split into frequency and severity
  • Summary
  • Discounting loss reserves
  • Exercises
  • Intermediate topics
  • Individual risk rating plans
  • Increased limits factors
  • Data considerations
  • Loss development
  • Trend
  • Risk
  • Expenses
  • Loss distributions
  • Reinsurance
  • Reserving for reinsurance
  • Exercises
  • Appendix A
  • Answers to text exercises
  • Index 185.