ACS 607
Ratemaking and Reserving for Casualty Insurance
ACS · Faculty of Natural and Applied Sciences · 3 credits
Description
Topics include: Risk segmentation via rating variables; Multivariate classification ratemaking techniques; Additional classification ratemaking techniques including territory boundary analysis, increased limits factors, deductibles etc.; Credibility in an actuarial estimate; non-pricing and pricing solutions to an imbalanced fundamental insurance equation; Claims-Made Ratemaking; Additional ratemaking methods commonly used by commercial insurers.