IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2016i2p343-354.html
   My bibliography  Save this article

Basic Chain Ladder Method Versus Inflation Adjusted Chain Ladder Method

Author

Listed:
  • Bente Corneliu

    (The Department of Finance, The Faculty of Economics, University of Oradea, Oradea, Romania)

Abstract

The damage consists of material injury to the insured because of occurrence of the insured risk. This may be total or partial depending on the degree to which the affected property was insured. Technical provisions are shown separately in the accounts of the insurer, and their value should allow him any time to honor obligations related to insurance contracts entered into and damage. Thus it is essential to have a reliable estimate of the reserves required to be used to cover claims in order to ensure stability of the insurance company and of the profit or loss thereof.

Suggested Citation

  • Bente Corneliu, 2016. "Basic Chain Ladder Method Versus Inflation Adjusted Chain Ladder Method," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 343-354, December.
    • Handle: RePEc:ora:journl:v:1:y:2016:i:2:p:343-354
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2016/n2/034.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    claims; chain-ladder method; damages; premium rates.;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2016:i:2:p:343-354. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.