Number of pages: Over 400

Anticipated Availability: 12/20/2011

Estimating Claim Liabilities - Syllabus Section B

2012 Syllabus Readings Covered in this Manual
Friedland, J.F, "Estimating Unpaid Claims Using Basic Techniques"
Part 1 - Introduction - Estimating Unpaid Claims Using Basic Techniques
Chapter 1 - Overview
Chapter 2 - The Claims Process

Part 2 - Information Gathering - Estimating Unpaid Claims Using Basic Techniques
Chapter 3 - Understanding the Types of Data Used
Chapter 4 - Meeting with Management
Chapter 5 - The Development Triangle
Chapter 6 - Development Triangle as a Diagnostic Tool

Part 3 - Basic Techniques for Estimating Unpaid Claims - Estimating Unpaid Claims Using Basic Techniques
Chapter 7 - Development Technique
Chapter 8 - Expected Claims Technique
Chapter 9 - Bornhuetter-Ferguson Technique
Chapter 10 - Cape Cod Technique Friedland
Chapter 11 - Frequency-Severity Techniques
Chapter 12 - Case Outstanding Development Technique
Chapter 13 - Berquist-Sherman Techniques
Chapter 14 - Recoveries: Salvage & Subro and Reins
Chapter 15 - Evaluation of Techniques

Part 4 - Estimating Unpaid Claim Adjustment Expenses - Estimating Unpaid Claims Using Basic Techniques
Chapter 16 - Estimating Unpaid Claim Adj Expenses
Chapter 17 - Estimating Unpaid ULAE
Unpaid Claim Estimates

Note: This 400+ page volume includes numerous sample questions and past CAS questions and solutions associated with the following articles that are no longer on the syllabus but were used extensively by Friedland in authoring of her paper. "Modified past CAS questions" are past CAS questions that were modified to test specifically the content found in the Friedland article.

Many past CAS questions associated with the following articles are integral to preparing for future CAS questions arising from the Friedland text.