BookAuthors: Rahman, Abdul H.; Harryvan, Dick H. (2018)
This eBook presents pure premium and claim ratio approaches to ratemaking in non-life insurance. It also covers three approaches to loss reserving for incurred claims – expected claim ratio, chain ladder and Bornhuetter-Ferguson methods. Included is a discussion of deductibles and policy limits and non-life insurance ratios such as loss elimination ratio and combined ratio