There is a common misconception amongst actuaries and insurance executives about correlations.
archive Click here (154 KB) for more information.
Insureware
Long-tail liability risk metrics tailored to your company's experience
-
Technical Studies
- GI ROC Reserving study 2009
- GI ROC Reserving study 2008
- Best Estimates for Reserves
- About the Bootstrap
- Economic Inflation Scenario Generators
- Loss Reserve Upgrades - A Pervasive Myth
- Sarbanes-Oxley, Actuarial Methods and "Best Estimates for Reserves"
- ICRFS™ algorithms for model estimation, forecasts, and simulations: why are they so fast?
- Notes on Introduction to Credibility Theory
- Variability and Uncertainty
- Correlations and Linearity
- Common Misconceptions about Correlations
- Outward Reinsurance of Long-Tail Liabilities - Some Surprising Findings
- A simple layperson's demonstration of why link ratio methods fail
- Paradigm Shift and ICRFS™
- ICRFS™ COM Automation - importing triangle or unit record transactional data.
- Predictive Aggregate Loss Distributions (the PALD sub-module)
- Seven Reasons to ditch link ratios
- Graphical Representation and Regression Formulation of Link Ratios
- One Single Composite Model