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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. Its intent is to estimate incurred but not reported claims and project ultimate loss amounts. [5]
A universal three-way trade-off produces adaptive strategies throughout the tree of life, with extreme strategies facilitating the survival of genes via: C (competitive), the survival of the individual using traits that maximize resource acquisition and resource control in consistently productive niches; S (stress-tolerant), individual survival via maintenance of metabolic performance in ...
Loss reserving is the calculation of the required reserves for a tranche of insurance business, [1] including outstanding claims reserves.. Typically, the claims reserves represent the money which should be held by the insurer so as to be able to meet all future claims arising from policies currently in force and policies written in the past.
A 1991 study showed that in confined spaces the relationship was significantly different: 1.2 minor injuries for each serious injury or death. [7] A broad study of UK accident data in the mid-1990s showed a relationship of 1 fatality to 207 major injuries, to 1,402 injuries causing three or more days lost time injuries, to 2,754 minor injuries. [8]
The plane area of the triangle represents the near infinite variations of priorities that could exist between the three competing values. By acknowledging the limitless variety, possible within the triangle, using this graphic aid can facilitate better project decisions and planning and ensure alignment among team members and the project owners.
A ternary flammability diagram, showing which mixtures of methane, oxygen gas, and inert nitrogen gas will burn. A ternary plot, ternary graph, triangle plot, simplex plot, or Gibbs triangle is a barycentric plot on three variables which sum to a constant. [1] It graphically depicts the ratios of the three variables as positions in an ...
The Malan triangles are considered main components of Experiential Short-Term Dynamic Psychotherapy (E-STDP), along with mirroring function and dynamic activities. [8] They are also employed as vade mecum in introducing the principles and practice of dynamic therapy to trainee therapists or experienced professionals who need to "unlearn" the ...
An argument map or argument diagram is a visual representation of the structure of an argument.An argument map typically includes all the key components of the argument, traditionally called the conclusion and the premises, also called contention and reasons. [1]