000			03485nam a22003257a 4500
003			OSt
005			20170518102941.0
008			170227b xxu||||| |||| 00| 0 eng d
010			_a 2007002022
020			_a9781566986113 (pbk. : alk. paper)
040			_aMMU _cMMU _dMMU _beng.
043			_an-us---
050	0	0	_aHG8065 _b.B76 2007
082	0	0	_a368.1/0110973 _222
100	1		_aBrown, Robert L., _d1947-
245	1	0	_aIntroduction to ratemaking and loss reserving for property and casualty insurance / _cRobert L. Brown, Leon R. Gottlie.
250			_a3rd ed.
260			_aWinsted, Conn. : _bACTEX Publications, Inc., _cc2007.
300			_axi, 195 p. : _bill. ; _c23 cm.
500			_aIncludes index.
505	0		_aPreface -- Acknowledgements -- Preface to second edition -- Why insurance? -- The evolution of insurance -- How insurance works -- Insurance and utility -- What makes a risk insurable -- What insurance is and is not -- Risk, peril, and hazard -- Purchase of insurance: other reasons -- Exercises -- Coverages -- Introduction -- Automobile insurance -- Liability insurance (Section A) -- Medical benefits (Section B) -- Uninsured and under insured motorist coverage -- Collision and other than collision (Section C) -- Homeowners insurance -- Tenants package -- Workers compensation -- Fire insurance -- Marine insurance -- Liability insurance -- Limits to coverage -- Deductibles -- Policy limits -- Conclusion -- Exercises -- Ratemaking -- Introduction -- Objectives of ratemaking -- Essential objectives -- Non-essential but desirable objectives -- Frequency and severity -- Data for ratemaking -- Accident year -- Policy year -- Calendar year -- Premium data -- The exposure unit -- The expected effective period -- Ingredients of ratemaking -- Loss-development factors -- Trend factors -- Expenses -- Loading for profit and contingencies -- Credibility factors -- Investment income -- Rate changes -- Overall average rate change -- Changing risk classification differentials -- Balancing back -- Summary of the rate change procedure -- Exercises -- Loss reserving -- Introduction -- How outstanding benefits arise -- Definition of terms -- Individual claim file estimates -- Gross IBNR -- Paid loss development -- Incurred loss development -- Salvage and subrogation -- Loss adjustment expenses -- Fast track reserves -- Professional considerations -- Checking the data -- Loss reserving methods -- Case reserves plus -- The expected loss ratio method -- The chain-ladder or loss-development triangle method -- The bornhuetter-ferguson method -- Estimates split into frequency and severity -- Summary -- Discounting loss reserves -- Exercises -- Intermediate topics -- Individual risk rating plans -- Increased limits factors -- Data considerations -- Loss development -- Trend -- Risk -- Expenses -- Loss distributions -- Reinsurance -- Reserving for reinsurance -- Exercises -- Appendix A -- Answers to text exercises -- Index 185.
650		0	_aProperty insurance _xRates _zUnited States.
650		0	_aCasualty insurance _xRates _zUnited States.
650		0	_aInsurance _zUnited States _xReserves.
700	1		_aGottlieb, Leon R.
856	4	1	_3Table of contents only _uhttp://www.loc.gov/catdir/toc/ecip078/2007002022.html
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2lcc _cLOAN LOAN
999			_c23591 _d23591