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...

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Bibliographic Details
Main Authors: Kočović Jelena, Mitrašević Mirela, Trifunović Dejan
Format: Article
Language:English
Published: University of Belgrade 2019-01-01
Series:Yugoslav Journal of Operations Research
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0354-0243/2019/0354-02431900003K.pdf