PROCEEDINGS May 15, 16, 17, 18, 2005 - Casualty Actuarial Society

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482 A NEW METHOD OF ESTIMATING LOSS RESERVESAPPENDIXTABLE A1Loss Development Factor from j to Ultimate ForVarious Development Years and Settlement Periods (N)Development Year jN 0 1 2 3 4 5 6 7 8 9Results for LDF (1)j,N :0 1.00001 1.3345 1.00002 1.6353 1.1253 1.00003 1.9195 1.2627 1.0662 1.00004 2.1903 1.4015 1.1495 1.0416 1.00005 2.4564 1.5412 1.2384 1.0980 1.0288 1.00006 2.6959 1.6715 1.3259 1.1590 1.0689 1.0208 1.00007 2.9402 1.8007 1.4137 1.2232 1.1152 1.0516 1.0159 1.00008 3.1853 1.9333 1.5038 1.2894 1.1650 1.0881 1.0403 1.0126 1.00009 3.4169 2.0584 1.5905 1.3542 1.2153 1.1270 1.0691 1.0321 1.0101 1.0000Results for LDF (2)j,N :0 1.00001 1.3871 1.00002 1.7247 1.1347 1.00003 2.0379 1.2826 1.0691 1.00004 2.3333 1.4312 1.1569 1.0428 1.00005 2.6221 1.5800 1.2505 1.1015 1.0294 1.00006 2.8804 1.7182 1.3422 1.1649 1.0707 1.0211 1.00007 3.1417 1.8547 1.4343 1.2316 1.1185 1.0526 1.0161 1.00008 3.4033 1.9938 1.5281 1.3003 1.1698 1.0901 1.0409 1.0127 1.00009 3.6511 2.1259 1.6188 1.3676 1.2219 1.1301 1.0704 1.0325 1.0102 1.0000Notes: Development year 0 refers to the year in which the claim was incurred. N is the number ofcalendar years it takes to settle all claims occurring in the same calendar year. Thus N = 0 impliesclaims are settled in the calendar year of their occurrence.
A NEW METHOD OF ESTIMATING LOSS RESERVES 483TABLE A2The Ratio Loss Development Factors For VariousDevelopment Years and Settlement PeriodsDevelopment Year j=j +1N 0/1 1/2 2/3 3/4 4/5 5/6 6/7 7/8 8/9 9/10Results for LDF (1)j,N =LDF(1) j+1,N :1 1.33452 1.4531 1.12533 1.5201 1.1843 1.06624 1.5628 1.2192 1.1036 1.04165 1.5938 1.2445 1.1279 1.0673 1.02886 1.6129 1.2606 1.1440 1.0843 1.0472 1.02087 1.6328 1.2737 1.1558 1.0968 1.0605 1.0351 1.01598 1.6476 1.2856 1.1663 1.1068 1.0707 1.0460 1.0273 1.01269 1.6600 1.2941 1.1745 1.1143 1.0784 1.0541 1.0359 1.0218 1.0101Results for LDF (2)j,N =LDF(2) j+1,N :1 1.38712 1.5200 1.13473 1.5889 1.1997 1.06914 1.6303 1.2371 1.1094 1.04285 1.6595 1.2635 1.1353 1.0700 1.02946 1.6764 1.2801 1.1522 1.0880 1.0486 1.02117 1.6939 1.2931 1.1646 1.1011 1.0626 1.0359 1.01618 1.7070 1.3047 1.1753 1.1115 1.0732 1.0472 1.0278 1.01279 1.7175 1.3133 1.1836 1.1193 1.0813 1.0557 1.0367 1.0221 1.0102Notes: Development year 0 refers to the year in which the claim was incurred. N is the number ofcalendar years it takes to settle all claims occurring in the same calendar year. Thus N = 0 impliesclaims are settled in the calendar year of their occurrence.
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VOLUME XCII NUMBERS 176 and 177PROC
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FOREWORDActuarial science originate
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2005 PROCEEDINGSCONTENTS OF VOLUME
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2005 PROCEEDINGSCONTENTS OF VOLUME
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Editorial Committee, Proceedings Ed
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2 AN EXAMINATION OF THE INFLUENCE O
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AN EXAMINATION OF THE INFLUENCE OF
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RISKINESS LEVERAGE MODELSRODNEY KRE
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RISKINESS LEVERAGE MODELS 33There a
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DISCUSSION OF A PAPER PRESENTED AT
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RISKINESS LEVERAGE MODELS 79REFEREN
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RISKINESS LEVERAGE MODELS 81EXHIBIT
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RISKINESS LEVERAGE MODELS 83
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WHY LARGER RISKS HAVE SMALLER INSUR
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ADDRESS TO NEW MEMBERS 151ateship a
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ADDRESS TO NEW MEMBERS 153You shoul
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ADDRESS TO NEW MEMBERS 155strength
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MINUTES OF THE 2005 CAS SPRING MEET
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MINUTES OF THE 2005 SPRING MEETING
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Volume XCII, Part 2 No. 177PROCEEDI
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MODELING FINANCIAL SCENARIOS 179Bab
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WHEN CAN ACCIDENT YEARS BE REGARDED
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ESTIMATING THE WORKERS COMPENSATION
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INCORPORATION OF FIXED EXPENSESGEOF
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THE “MODIFIED BORNHUETTER-FERGUSO
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MINUTES OF THE 2005 CAS ANNUAL MEET
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OBITUARIESROBERT GRANT ESPIECLYDE H
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OBITUARIES 825SIDNEY M. HAMMER1931
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OBITUARIES 827J. GARY LaROSE1947—
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OBITUARIES 829PAUL J. SCHEEL SR.193
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OBITUARIES 831LEO M. STANKUSCirca 1
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INDEX TO VOLUME XCIIPage2005 EXAMIN
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835GRAVES, CLYDE H.INDEX—CONTINUE
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837INDEX—CONTINUEDREPORT OF THE V
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PROCEEDINGS May 15, 16, 17, 18, 2005 - Casualty Actuarial Society

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