On the Theory of Increased Limits and Excess of Loss Pricing [Discussion]

Abstract
Bob Miccolis has presented a paper which discusses the mathematical theory underlying many aspects of increased limits ratemaking. Committees and staff of Insurance Services Office have put much of this theory into practice in reviewing increased limits loss experience. In so doing, practical problems have arisen and interim solutions developed pending further study. Some of these problems and solutions comprise this discussion.
Volume
LXIV
Page
60-73
Year
1977
Categories
Business Areas
Reinsurance
Excess (Non-Proportional);
Actuarial Applications and Methodologies
Ratemaking
Increased Limits
Publications
Proceedings of the Casualty Actuarial Society
Prizes
Woodward-Fondiller Prize
Authors
Sheldon Rosenberg