Estimating Casualty Insurance Loss Amount Distributions [Discussion]

Abstract
Gary Patrik has written a paper which is significant from several points of view. It provides: 1.) a well-conceived methodology for selecting a model for an empirical loss amount distribution; 2.) thoughtful remarks suggesting more than usual intuitive familiarity with the subject matter; 3.) a synthesis of a large body of existing literature interpreted to speak directly to the concerns of the actuary.
Volume
LXVIII
Page
101-106
Year
1981
Categories
Actuarial Applications and Methodologies
Ratemaking
Deductibles, Retentions, and Limits
Actuarial Applications and Methodologies
Ratemaking
Increased Limits
Actuarial Applications and Methodologies
Ratemaking
Loss-Sensitive Features
Financial and Statistical Methods
Loss Distributions
Business Areas
Reinsurance
Financial and Statistical Methods
Statistical Models and Methods
Publications
Proceedings of the Casualty Actuarial Society
Authors
Jerome Jurschak
Stephen W Philbrick