Advantages and disadvantages of loss reserving methods in non-life insurance

Autor:	Kočović Jelena, Mitrašević Mirela, Trifunović Dejan
Jazyk:	angličtina
Rok vydání:	2019
Předmět:	loss reserves chain ladder method loss ratio method bornhuetter-ferguson method Management information systems T58.6-58.62
Zdroj:	Yugoslav Journal of Operations Research, Vol 29, Iss 4, Pp 553-561 (2019)
Druh dokumentu:	article
ISSN:	0354-0243 1820-743X
DOI:	10.2298/YJOR180215003K
Popis:	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 a practical case, and to put emphasis on their advantages and disadvantages. [Project of the Serbian Ministry of Education, Science and Technological Development, Grant no. 179005: The risks of financial institutions and markets in Serbia - microeconomic and macroeconomic approach]
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/dab9672fe1c54f8498fcd3291f1ec68b Zobrazit plný text záznamu View record in DOAJ