Separation of Inflation and other Effects from the Distribution of Non-Life Insurance Claim Delays

G. C. Taylor

ASTIN Bulletin, 1977, vol. 9, issue 1-2, 219-230

Abstract: In recent years, as a result of more concentrated research together with the ravages wrought upon some insurers by inflation, the fundamental significance of the so-called run-off triangle in the calculation of provisions for outstanding claims has been increasingly recognised. The run-off triangle, which is a two-way tabulation—according to year of origin and year of payment—of claims paid to date, has the following form, where Cij is the amount paid by the end of development year j in respect of claims whose year of origin is i, i.e. Cij is the total amount paid in year of origin i and the following j years.The information relating to the area below this triangle is unknown since it represents the future development of the various cohorts of claims.

Date: 1977
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:astinb:v:9:y:1977:i:1-2:p:219-230_01

Access Statistics for this article

More articles in ASTIN Bulletin from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().