Abstract
Dynamic Financia1 Analysis is an extremely powerful tool for all aspects of the insurance operation. With the constantly increasing amounts of information available to the public, DFA models can be better customized to fit the needs of the end user. This paper will examine severa1 areas in which a publicly available model can be customized to tit a company’s specific management structure and risk management priorities. Specific approaches to these customizations will be provided along with possible data sources, reasonableness checks. and potential advantages and disadvantages of each approach. Where possible the paper will use publicly available data in order to provide the reader with available sources for developing DFA applications like this one.
Volume
Summer
Page
239-266
Year
1999
Categories
Actuarial Applications and Methodologies
Dynamic Risk Modeling
Dynamic Financial Analysis (DFA);
Financial and Statistical Methods
Statistical Models and Methods
Regression
Actuarial Applications and Methodologies
Enterprise Risk Management
Risk Categories
Financial and Statistical Methods
Asset and Econometric Modeling
Publications
Casualty Actuarial Society E-Forum