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Data collection

Author:
John Ryan; Harold Clarke; Brian Hudson; Graham Lyons; David Reid; David Sanders
Source:
General Insurance Convention 1980
Publication date:
01 October 1980
File:
PDF 487.36 KB
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Document description

It is not the intention and neither should it be the intention of this working party to provide draft material for a statistical plan for certain lines. Any such plan should be produced by groups of companies, the BIA and/or individual companies and in some parts of the world independent rationalising bodies such as ISO collect data for groups of companies. The purpose of this working party is to consider general principles and highlight possible areas of difficulty. We were mainly concerned with data for ratemaking purposes but it is obviously important to integrate these needs with data requirements for general management and underwriting administration purposes.