Claims Reserving in General Insurance

This is a single comprehensive reference source covering the key material on this subject, and describing both theoretical and practical aspects.

David Hindley (Author)

9781107076938, Cambridge University Press

Hardback, published 26 October 2017

512 pages
25.4 x 17.9 x 2.7 cm, 1.14 kg

This is a comprehensive and accessible reference source that documents the theoretical and practical aspects of all the key deterministic and stochastic reserving methods that have been developed for use in general insurance. Worked examples and mathematical details are included, along with many of the broader topics associated with reserving in practice. The key features of reserving in a range of different contexts in the UK and elsewhere are also covered. The book contains material that will appeal to anyone with an interest in claims reserving. It can be used as a learning resource for actuarial students who are studying the relevant parts of their professional bodies' examinations, as well as by others who are new to the subject. More experienced insurance and other professionals can use the book to refresh or expand their knowledge in any of the wide range of reserving topics covered in the book.

1. Introduction
2. Data
3. Deterministic reserving methods
4. Stochastic reserving methods
5. Reserving in practice
6. Selected additional reserving topics
7. Reserving in specific contexts
Appendix A. Mathematical details for mean squared error of prediction
Appendix B. R code used for examples
References
Index.

Subject Areas: Optimization [PBU], Insurance & actuarial studies [KFFN], Economic statistics [KCHS], Risk assessment [GPQD]