Application of Copula reserving method in property and casualty insurance.

• Main Authors: Koh, Shu Xin., Zhao, Qianyu., Au Yeung, Rainbow Ka Yi.
• Other Authors: Wu Yuan
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/51479
• Institution: Nanyang Technological University

One of the most important tasks that Property and Casualty insurers face is estimating the amount of outstanding claims. Many methods can be used to accomplish this, including the commonly used traditional Chain Ladder method. However, the Chain Ladder method disregards the dependencies that exist b...