Miscellaneous

Question 1

Actuarial considerations designing reserve study for merged company

Answer 1

Homogeneity
Credibility
Data availability

Question 2

Key diagnostics to determine whether to combine data for merging companies

Answer 2

Reported count LDFs for each company
Closed to reported rates ( settlement rates)
Disposal rates
Closed claim count LDFs
Avg paid severity
Paid Loss LDFs
Paid loss to development loss
Reported severity
Avg case O/s
Reported LDFs

Question 3

How does Higher estimated unpaid claim > indicated could put insurer at risk

Answer 3

Against state law
Less competitiveness due to Raising rates
Detracting investors
Buy more reinsurance
Restrict underwriting
Stop writing business
Regulatory intervention
Unnecessary employee layoffs

Question 4

Another name for Lifetime value analysis

Answer 4

Asset share pricing

Question 5

Reasons having imbalance in fundamental ins equation at individual/ segment

Answer 5

Regulatory constraint
Asset Share Pricing