Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Question 5 - Learning Outcome 4 (20 marks) You are the Liability Underwriting Manager for a small general insurer. You are reviewing the insurer's recent

image text in transcribed

Question 5 - Learning Outcome 4 (20 marks) You are the Liability Underwriting Manager for a small general insurer. You are reviewing the insurer's recent claims triangulation data. You have concerns regarding the accuracy of reserving on the liability account. These concerns have been caused by a significant increase in the cost of industrial deafness claims. The rlaime triannulation data ie ehnwn halnwr (a) Analyse the trends within the claims triangulation data that may be influencing the accuracy of reserving. (b) Explain, with justification, which two other business functions within the insurer could assist you in improving the accuracy of reserving. Question 5 - Learning Outcome 4 (20 marks) You are the Liability Underwriting Manager for a small general insurer. You are reviewing the insurer's recent claims triangulation data. You have concerns regarding the accuracy of reserving on the liability account. These concerns have been caused by a significant increase in the cost of industrial deafness claims. The rlaime triannulation data ie ehnwn halnwr (a) Analyse the trends within the claims triangulation data that may be influencing the accuracy of reserving. (b) Explain, with justification, which two other business functions within the insurer could assist you in improving the accuracy of reserving

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Banking And Finance

Authors: Brian Duignan

1st Edition

1615308946, 978-1615308941

More Books

Students explore these related Finance questions