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2. (5 points) Assume that an insurance company has the following loss data. The loss date is evaluated as of December 31, 2018: Cumulative Reported
2. (5 points) Assume that an insurance company has the following loss data. The loss date is evaluated as of December 31, 2018: Cumulative Reported Losses ($000s) as of months Accident Year 12 24 36 48 2015 900 2,150 3,125 800 2,075 3,225 850 2,125 3,900 2016 2017 950 2018 1.100 48 to ultimate reported loss development factor Question: Calculate the company's accident year 2018 ultimate claims, you can use the all average 2. (5 points) Assume that an insurance company has the following loss data. The loss date is evaluated as of December 31, 2018: Cumulative Reported Losses ($000s) as of months Accident Year 12 24 36 48 2015 900 2,150 3,125 800 2,075 3,225 850 2,125 3,900 2016 2017 950 2018 1.100 48 to ultimate reported loss development factor Question: Calculate the company's accident year 2018 ultimate claims, you can use the all average
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