This was so helpful!! Could you please upload the BF method as soon as you could and compare those methods. I believe it will be a very informative video.
The actual losses for 2014 to 2016 when compared to the calendar year premium returns 65% loss ratio. 2017 and 2018 actual losses return 64% and 63% which means they are still developing so if we multiply the premium for each year from 2017 till 2020 with 65% then you get the expected ultimate claims
I've been looking into a good way to do this but can't find anything. Just copy that upper left array and recreate the calculations! I promise there will be more of a benefit to you! :)
Awesome Video, next one please! The BF method!!!
This is great revision material, I always ask all new teammates to visit your channel. Glad to see you uploading again.
Correction: "Wouldn't it be Nice" is an old Beach Boys song! Mr. Wegman would be so disappointed, sorry sir!
Starting off my first year in Feb, hopefully I'll find your materials useful at some point during my journey.
Good luck on your journey!
This was so helpful!! Could you please upload the BF method as soon as you could and compare those methods. I believe it will be a very informative video.
This was sooo helpful. Can you please upload BF method and cape cod method soon please.
The actual losses for 2014 to 2016 when compared to the calendar year premium returns 65% loss ratio. 2017 and 2018 actual losses return 64% and 63% which means they are still developing so if we multiply the premium for each year from 2017 till 2020 with 65% then you get the expected ultimate claims
Hi do you have a video for determining the average loss date for a policy year experience period?
Is this something you would find at a big company or is there a software? Less by hand.
And the next video never came out😢
Do you have one example of the cape cod method in excel?
Thank you Sir for sharing
How do we calculate the loss and premium trend value?
ruclips.net/video/VQ0LVa6JORA/видео.html&feature=share
Would you make your spreadsheets available? Asking for a friend 😁
I've been looking into a good way to do this but can't find anything. Just copy that upper left array and recreate the calculations! I promise there will be more of a benefit to you! :)