About This Event
PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR. DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.
In this session we will discuss the modeling method described in the Variance Journal article titled “Policy-Level Unreported Frequency Model for Pure IBNR Estimation.” Recently, there has been increased interest in using individual claim detail to estimate reserves and to understand variability around reserve estimates. The method we describe can aid in the estimation/simulation of pure incurred but not reported (IBNR) from individual claim and policy data. In addition to a point estimate, the method can provide a full distribution of claim emergence, which can be useful for diagnostic tests (i.e., actual versus expected analyses) and to understand reserve variability.
