IBNR-claims and the two-way model of ANOVA
- 1 January 1982
- journal article
- research article
- Published by Taylor & Francis in Scandinavian Actuarial Journal
- Vol. 1982 (1) , 47-55
- https://doi.org/10.1080/03461238.1982.10405432
Abstract
A method for estimating the expected value of IBNR-c1aims is derived by transforming the classical multiplicative model into a two-way model of Analysis of Variance, in which easy tractable results of Mathematical Statistics can be applied. The resulting method is shown to be strongly connected to the classical chain ladder method.Keywords
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- Tariff TheoryASTIN Bulletin, 1975
- An approach to the analysis of claims experience in motor liability excess of loss reinsuranceASTIN Bulletin, 1972
- Two Studies in Automobile Insurance RatemakingASTIN Bulletin, 1960