Reserving and its types : (i) average cost per claim method,(ii) the basic chain ladder method and (iii) Bornhuetter-Fergus

Language: English

Published by Scholars' Press, 2017

3330652535 / 9783330652538

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Softcover

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Item description from seller

nach der Bestellung gedruckt Neuware - Printed after ordering - Reserving is one of the concepts in insurance industry. Reserving helps the insurer to meet the future losses and the liabilities for the insured in case of claim settlements. The most common purpose to calculate a reserve are to determine liabilities to be shown in the insurer's published accounts if separate accounts have to be prepared for the purpose of supervision of solvency, to determine the liabilities to be shown in those accounts to determine the liabilities to be shown in internal management accounts, business plans and budgets to provide an independent opinion on the reasonableness or adequacy of the reserves booked by the insurer. to provide information to management as to how areas of the business are performing, and provide an indication as to the profitability of business currently being written to estimate the claims costs incurred in recent periods as an intermediate step in the rating process. to value the insurer for purchase or sale given that any estimated surplus or deficit in the booked reserves will directly affect the valuation of the company to negotiate a commutation for the buyer or seller.…

Seller Inventory # 9783330652538

Title
Reserving and its types : (i) average cost per claim method,(ii) the basic chain ladder method and (iii) Bornhuetter-Fergus
Author
Sai Varshini
Publisher
Scholars' Press
Publication year
2017
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3330652535
ISBN 13
9783330652538
Item weight
96 grams
Dimensions
220x150x4 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item7 to 10 business days5 to 7 business days
First itemUS$ 39.21US$ 50.41
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Einbeck, Germany 37574