Calculating IBNR Based on Case Reserves

Abstract
Faced with the task of producing an estimate of incurred by not reported (IBNR) loss reserves, as of a particular evaluation date, given only 1. Case reserves as of the evaluation date; 2. Industry wide reported and paid loss development factors (LDFs) to ultimate: and 3. Sufficient evidence to believe that the industry wide LDFs are applicable how should one proceed?
Volume
Fall
Page
39-44
Year
1989
Categories
Actuarial Applications and Methodologies
Reserving
Reserving Methods
Publications
Casualty Actuarial Society E-Forum
Authors
Rick Atkinson