Speed of Finalization of Claims and Claims Runoff Analysis

Abstract
The introductory paper for the "Sea-Saw" regression based reserve forecast method. This method estimates average cost per claim closed (finalized) and incorporates the rate of claims finalization in the forecast. This is a regression-based method and thus incorporates a specific underlying stochastic model.
Volume
12:2
Page
81-100
Year
1981
Categories
Financial and Statistical Methods
Statistical Models and Methods
Regression
Actuarial Applications and Methodologies
Reserving
Reserving Methods
Publications
ASTIN Bulletin
Authors
Greg C Taylor