Advantages and disadvantages of loss reserving methods in non-life insurance
We analyse characteristics of the three most commonly used methods for estimating loss reserves in non life insurance: the chain ladder method, the loss ratio method, and the Bornhuetter-Ferguson method. Our aim is to give a comparative analysis of the results obtained from applying these methods to...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Belgrade
2019-01-01
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Series: | Yugoslav Journal of Operations Research |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/0354-0243/2019/0354-02431900003K.pdf |