Abstract
The use of age-to-age factors applied to cumulative losses has been shown to produce least-squares optimal reserve estimates when certain assumptions are met. Tests of these assumptions are introduced, most of which derive from regression diagnostic methods. Failures of various tests lead to specific alternative methods of loss development.
Volume
LXXXV
Page
807-847
Year
1998
Categories
Financial and Statistical Methods
Statistical Models and Methods
Regression
Actuarial Applications and Methodologies
Reserving
Reserving Methods
Publications
Proceedings of the Casualty Actuarial Society
Prizes
Dorweiler Prize
