id author title date pages extension mime words sentences flesch summary cache txt work_hzl3hfqs4ndafeacepefr5vkiy Munir Hiabu Cash flow generalisations of non-life insurance expert systems estimating outstanding liabilities 2016 28 .pdf application/pdf 9015 1341 77 Keywords: Stochastic Reserving; General Insurance; Chain Ladder; Claims Inflation; Incurred Data; Model Validation. results of the earlier mentioned chain ladder method on incurred data by incorporating the incurred data expert opinion into the well-defined full stochastic model of 4 describes four methods to estimate the parameters in the model: DCL, BDCL, Now, the main idea to derive the DCL parameters is to estimate the chain ladder but instead of using the estimate of the inflation parameters, γ and µ, from the triangle of paid claims XI, it deploys expert knowledge in the form of the incurred incurred payments triangle when we calculate estimates of the inflation parameters, mimics the reserve estimate of chain ladder on the incurred triangles in the DCL It is defined just by rescaling the underwriting inflation parameter estimate from the DCL method. why the PEDCL method uses the EDCL parameters while estimating the IBNR reserve. ./cache/work_hzl3hfqs4ndafeacepefr5vkiy.pdf ./txt/work_hzl3hfqs4ndafeacepefr5vkiy.txt