Abstract
The main source of industry data for excess loss development comes from the Reinsurance Association of America (RAA). The newly released RAA data by layer will be discussed, as well as, the existing reports. Particular to RAA data, issues related to the use of data and its limitations will also be reviewed. Other sources for excess development include Best’s Reinsurance Loss Reserve Development, ISO, the Pinto/Gogol paper on excess development, Reinsurance Office of Australia, and the London Reinsurance Company Market Survey. The use of any of these sources in Reinsurance or excess reserving is problematic, but they may provide important information for reasonableness checking. This session features discussion by a member of the RAA Loss Development Committee, and ISO excess development expert, and reinsurance actuary.
Year
1993
Categories
Actuarial Applications and Methodologies
Data Management and Information
Data Collection and Statistical Reporting
Actuarial Applications and Methodologies
Reserving
Data Organization
Business Areas
Reinsurance
Publications
CLRS Transcripts
