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The chain-ladder or development [1] method is a prominent [2] [3] actuarial loss reserving technique. The chain-ladder method is used in both the property and casualty [1] [4] and health insurance [5] fields.
Several templates and tools are available to assist in formatting, such as reFill (documentation) and Citation bot (documentation). ( August 2022 ) ( Learn how and when to remove this message ) In insurance , incurred but not reported ( IBNR ) claims is the amount owed by an insurer to all valid claimants who have had a covered loss but have ...
"Tail" or "extended reporting" endorsements, known as run-off insurance or run-off cover in the UK, [5] cover events that occur while the policy is in force but are reported to the carrier after the policy terminates. The availability of extended reporting policies depends on the carrier, the specific policy, and the reason for terminating ...
Runoff or run-off, another name for bleed, printing that lies beyond the edges to which a printed sheet is trimmed; Runoff or run-off, a stock market term; Runoff voting system, also known as the two-round system, a voting system where a second round of voting is used to elect one of the two candidates receiving the most votes in the first round
The U.S. State Department on Monday said the United States joined calls from election observers for a full investigation of all reports of election-related violations in Georgia. State Department ...
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Parametric insurance (also called index-based insurance) is a non-traditional insurance product that offers pre-specified payouts based upon a trigger event. [1] Trigger events depend on the nature of the parametric policy and can include environmental triggers such as wind speed and rainfall measurements, business-related triggers such as foot traffic, [2] and more.
U.S. manufacturing activity slumped to a 15-month low in October and factories faced higher prices for inputs. The Institute for Supply Management (ISM) said on Friday its manufacturing PMI fell ...