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Which one of the following is a limitation of the loss development method of estimating loss reserves? Available answer options Select only one option A
Which one of the following is a limitation of the loss development method of estimating loss reserves? Available answer options Select only one option A The loss development triangle must be built up month after month. B The loss development method assumes that future experience will rarely develop the same way it has in the past. C The loss development method only uses one year of loss experience. D Large one-time events such as catastrophes would disrupt the historical pattern of development
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