Description
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.
Learning Objectives:
1. Fit a policy level frequency distribution using undeveloped claim count data and use that distribution to simulate pure IBNR claim counts.
2. Adjust policy level frequency distributions for non-homogeneous exposure bases using the concept of a frequency exposure.
3. Fit a report lag distribution using truncated claim count data and identifying which distribution is appropriate for a particular dataset.
PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR
| Registration Fees (in U.S. Dollars) |
Received on/by September 5, 2024 |
Received after September 5, 2024 |
| Individual | $50 | $75 |
|
Multiple
Connections**
(Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web) |
$600 | $650 |
*Multiple Connection Registrations should contact Mallory Peebles directly at mpeebles@casact.org. The registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.
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Cancellations/Refunds
Registrations fees will be refunded for cancellations received in writing through email, refund@casact.org, by September 12, 2024 less a $25 processing fee.
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