eh31426

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eh31426
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  • I am also confused about the calculation of one-year development in part (c). Even though the name of IRIS 11 is "One-Year Reserve Development to Policyholders' Surplus", it is calculated using the one-year development from Schedule P, Part 2, which…
    in Fall 2017 #15 Comment by eh31426 April 2024
  • I'm not sure I understand why the unpaid case reserve estimate for AY 2011 is calculated as 80M - 54M - 12M. With the new IBNR requirement, wouldn't we need to replace the 12M with 8.4M, i.e., 1400 (number of AY 2011 claims) * $6000 (new IBNR requir…
    in 2016_1_Spring_13 Comment by eh31426 April 2024