CHAIN LADDER METHOD FOR RUN-OFF TRIANGLE NUMBER OF REPORTED CLAIMS AND AGGREGATE PAID CLAIMS DATA
The Chain Ladder Method (CLM) is an estimation method which can be used to estimate the outstanding claims liability of the Incurred But Not Reported (IBNR) and the Reported But Not Settled (RBNS) claims in a longtail insurance business applied to a data set recorded in a run-off triangle format. CL...
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Format: | Final Project |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/76241 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |