bat365 Homepage - Welcome

Help Center Help Center

Insurance Risk

Risk of loss arising from mortality and unpaid claims

Development triangle, chain ladder, expected claims, Bornhuetter-Fergurson, and Cape Cod are important unpaid claims estimation techniques. Life tables compute probabilities, hazards, or survivor counts using mortality models.

Frequently Viewed Topics

Overview of Claims Estimation Methods for Non-Life Insurance

Categories

Development Triangle
Create a development triangle model and run suite of tools
Chain Ladder Technique
Create a chain ladder model and run suite of tools
Expected Claims Technique
Create an expected claims model and run suite of tools
Bornhuetter-Ferguson Technique
Create a Bornhuetter-Ferguson model and run suite of tools
Cape Cod Technique
Create a Cape Cod model and run suite of tools
Life Tables
Life tables compute probabilities, hazards, or survivor counts based on mortality models using Financial Toolbox™

Featured Examples

Mean Square Error of Prediction for Estimated Ultimate Claims

Mean Square Error of Prediction for Estimated Ultimate Claims

A workflow for estimating ultimate claims using a developmentTriangle object with simulated reported claims and then calculating the corresponding mean square error of prediction (MSEP).

Open Live Script

Bootstrap Using Chain Ladder Method

Bootstrap Using Chain Ladder Method

Apply a chain ladder bootstrap method to generate several developmentTriangle objects to estimate the ultimate claims.

Open Live Script

Forecast Mortality Trends Using Lee-Carter Model

Forecast Mortality Trends Using Lee-Carter Model

Forecast trends in mortality using the Lee-Carter method with an ARIMA model.

Open Live Script