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Claims Reserving Manual, vol.1: Section G: Methods using loss ratio and loss ratio projections
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Concept of loss ratio; Naive loss ratio method; Bornhuetter-Ferguson method; Comparison of results; Taking stock of the methods; Sensitivity testing and choice of estimate; Paid loss ratio - step-by-step projection; Paid loss ratio and paid claims projection; Incurred loss ratio and incurred claims projection; Comparison of results