An Exposure Rating Approach to Pricing Property Excess-of-Loss Reinsurance [Discussion]

Abstract
Stephen Ludwig's paper provides numerous improvements to the exposure rating procedure first introduced by Ruth Salzmann. In particular, he
*provides up-to-date size-of-loss distributions,
*considered damages besides property losses,
*considers perils in addition to fire, and
*constructs size-of-loss distributions for commercial property risks.
Page
380
Year
1993
Categories
Actuarial Applications and Methodologies
Ratemaking
Exposure Bases
Exposure Rating
Actuarial Applications and Methodologies
Ratemaking
Deductibles, Retentions, and Limits
Business Areas
Reinsurance
Excess (Non-Proportional);
Business Areas
Homeowners
Publications
Proceedings of the Casualty Actuarial Society
Authors
Sholom Feldblum