Talk:Loss development factor

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ASSIGNMENT QUESTION ABOUT Estimated Ultimate Loss and Loss Reserve

Latest comment: 5 years ago1 comment1 person in discussion

In developing its loss forecast, CIRSM Company security and risk management professional prepares the following loss triangle:AGEACCIDENT YEAR1234567892008$386$612$1,437$1,591$1,774$1,841$1,914$1,941$2,1002009$256$921$1,287$1,465$1,601$1,723$1,850$1,9322010$490$1,025$1,421$1,634$1,760$1,819$1,8972011$347$713$1,045$1,190$1,378$1,4782012$287$569$761$843$9022013$196$391$527$6812014$154$374$4722015$174$3862016$115

Required:Calculate the Estimated Ultimate Loss and Loss Reserve. Show all your workings.Ticha90 (talk) 08:04, 8 February 2019 (UTC)

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