Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Property - Casualty / General Insurance
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 10-11-2019, 06:03 PM
Atomizer's Avatar
Atomizer Atomizer is offline
 
Join Date: May 2015
Studying for ST7
Posts: 17
Default Reinsurance Reserving

How do we select a loss development pattern when there is sparse data?

Reinsurance Actuaries - what type of techniques you generally follow in reinsurance reserving? how do I select a loss development pattern to adjudge the claims experience?

Any guidance is much appreciated. Thank you.
Reply With Quote
  #2  
Old 10-14-2019, 11:15 AM
Abelian Grape's Avatar
Abelian Grape Abelian Grape is offline
Meme-ber                         Meme-ber
CAS
 
Join Date: Jul 2014
Favorite beer: Allagash Curieux
Posts: 42,739
Default

Worst case we use some sort of industry pattern like Schedule P, RAA, etc.
Otherwise, perhaps group other similar treaties' data and develop a pattern that way?
__________________
1 2 3F MAS-I MAS-II 5 6 7 8 9 OC1 OC2 VEEs CoP

Reply With Quote
  #3  
Old 10-14-2019, 05:16 PM
Atomizer's Avatar
Atomizer Atomizer is offline
 
Join Date: May 2015
Studying for ST7
Posts: 17
Default

Yeah, the second way sounds reasonable. Thank you.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 08:21 PM.


Powered by vBulletin®
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.14121 seconds with 9 queries