Abstract
This paper presents a discrete time model for the estimation of outstanding claims that comprises delay in two dimensions: reporting delay and valuation delay. This model allows a strict distinction between the cost of reported claims and the cost of unreported claims.
Keywords: Outstanding claims, Loss reserving, Credibility, IBNR, RBNS.
Volume
Bergen, Norway
Year
2004
Categories
Actuarial Applications and Methodologies
Reserving
Financial and Statistical Methods
Statistical Models and Methods
Publications
ASTIN Colloquium
