5 calculators in this category
- Pure Premium & Rate CalculatorASOP No. 53, Estimating Future Costs for Prospective Property/Casualty Risk TransferAn insurance rate is built, not chosen. It starts with the pure premium — expected claim frequency multiplied by expected…
- Actuarial Credibility Weighting CalculatorLimited fluctuation (classical) credibilityAn account with three claims does not tell you much; the same account with three thousand tells you a great deal. Credibility…
- IBNR Loss Reserve CalculatorChain-ladder development method; ASOP No. 43Losses that have already happened are not yet all known. Some claims have not been reported, and the ones that have are carried…
- Self-Insured Retention Break-Even CalculatorLimited expected value under a lognormal severityRaising a retention always looks cheap, because the premium credit arrives immediately and the extra losses arrive later. This…
- Insurance-to-Value & Underinsurance CalculatorCoinsurance condition, ISO commercial property formsInsure a building for less than the percentage of its value your policy requires and the insurer does not simply cap your…
More insurance & risk management categories
Related categories in other subjects
Where this work overlaps other trades and disciplines.