Abstract
This paper presents how l) changes in payment patterns affect both the incurred development projection and the paid development projection, 2) how changes in payment patterns can mask or falsely imply changes in case reserve adequacy levels, and 3) how to test, analyze and correct for these changes.
Volume
May
Page
189
Year
1988
Categories
Actuarial Applications and Methodologies
Reserving
Reserving Methods
Publications
Casualty Actuarial Society Discussion Paper Program
