Aggregate Retrospective Premium Ratio as a Function of the Aggregate Incurred Loss Ratio [Discussion]

Abstract
Robert Bender develops an equation for the relationship between the aggregate incurred loss ratio and the aggregate retrospective return premium. This discussion will illustrate this relationship using data for groups of actual insureds.
Volume
LXXXI
Page
75-90
Year
1994
Categories
Actuarial Applications and Methodologies
Reserving
Loss Sensitive Features
Retrospective Premium Reserves
Actuarial Applications and Methodologies
Ratemaking
Retrospective Rating
Publications
Proceedings of the Casualty Actuarial Society
Authors
Howard C Mahler