Ocena praktycznych metod szacowania rezerwy IBNR w ubezpieczeniach majątkowych
Evaluation of practical methods of estimation of incurred but not reported reserves in non-life insurance
Author(s): Tomasz Jurkiewicz, Agnieszka PobłockaSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: IBNR reserves; methods of evaluating the IBNR reserves in non-life insurance including average values of damage development ratio; Bornhuetter−Ferguson method; chain-ladder; grossing up and simulations
Summary/Abstract: Incurred but not reported reserves are the most important reserves in non-life insurance. These reserves allow to estimate current and future obligations of the insurers and minimize the danger of insolvency. In Poland these reserves are calculated mainly by deterministic methods. In this article an attempt has been taken to assess several popular deterministic methods of IBNR reserve evaluation.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2011
- Issue No: 228
- Page Range: 222-231
- Page Count: 10
- Language: Polish