مقدمه‌ای بر تعیین نرخ و ذخیره‌سازی خسارت برای بیمه اموال و حوادث، ویرایش سوم

"This text provides a basic foundation of knowledge concerning two fundamental building blocks of property/casualty actuarial work: ratemaking and loss reserving. Although the material is of property/casualty origins, the methods presented have potential application in other insurance areas including health insurance and risk management. The text contains a number of worked examples and end-of-chapter exercises"-- Preface Acknowledgements Preface to second edition Why insurance? The evolution of insurance How insurance works Insurance and utility What makes a risk insurable What insurance is and is not Risk, peril, and hazard Purchase of insurance: other reasons Exercises Coverages Introduction Automobile insurance Liability insurance (Section A) Medical benefits (Section B) Uninsured and under insured motorist coverage Collision and other than collision (Section C) Homeowners insurance Tenants package Workers compensation Fire insurance Marine insurance Liability insurance Limits to coverage Deductibles Policy limits Conclusion Exercises Ratemaking Introduction Objectives of ratemaking Essential objectives Non-essential but desirable objectives Frequency and severity Data for ratemaking Accident year Policy year Calendar year Premium data The exposure unit The expected effective period Ingredients of ratemaking Loss-development factors Trend factors Expenses Loading for profit and contingencies Credibility factors Investment income Rate changes Overall average rate change Changing risk classification differentials Balancing back Summary of the rate change procedure Exercises Loss reserving Introduction How outstanding benefits arise Definition of terms Individual claim file estimates Gross IBNR Paid loss development Incurred loss development Salvage and subrogation Loss adjustment expenses Fast track reserves Professional considerations Checking the data Loss reserving methods Case reserves plus The expected loss ratio method The chain-ladder or loss-development triangle method The bornhuetter-ferguson method Estimates split into frequency and severity Summary Discounting loss reserves Exercises Intermediate topics Individual risk rating plans Increased limits factors Data considerations Loss development Trend Risk Expenses Loss distributions Reinsurance Reserving for reinsurance Exercises Appendix A Answers to text exercises Index 185. Cover Contents Acknowledgements Preface to First Edition Preface to Second Edition Preface to Third Edition CHAPTER ONE - Why Insurance? CHAPTER TWO - Coverages CHAPTER THREE - Ratemaking CHAPTER FOUR - Loss Reserving CHAPTER FIVE - Intermediate Topics Appendix A Answers to Text Exercises Index