Abstract: A method for combined analysis of paid and incurred losses, includes defining a first data array of a plurality of payments as paid losses, defining a second data array of a plurality of reserves as incurred losses, each of the plurality of the payments and the plurality of reserves having a multivariate normal distribution and joining the first data array and the second data array as a joint dataset, under a condition of equality of payments and reserves for a predetermined loss period.
Type:
Application
Filed:
August 6, 2009
Publication date:
March 18, 2010
Applicant:
POSTHUMA PARTNERS IFM BV
Inventors:
Bouke Hessel POSTHUMA, Eric Alexander CATOR, Wilhelmus Johannes Josephus VEERKAMP, Erik Willem VAN ZWET