October 2014
Intermediate to advanced
584 pages
22h 2m
English
Content preview from Pricing in General Insurance
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409Pricing Considerations for Specic Lines of Business
assume that future batches will be similarly spaced in time, and it therefore makes sense
to revalue the whole batch as a single lot.
Note also that to have a more substantial number of data points, it may make sense to
batch all claims related to the same product whether they are declared as integrated occur-
rences or not. In any case, it will only be the ones that are declared as integrated occur-
rences that are likely to exceed the deductible. IBNER may be a concern for integrated
occurrence claims because reserve development is affected by an estimate of the number
of future individ
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