Question

4. Using the following loss development data, calculate and show loss development factors and developed losses as of 48 month

0 0
Add a comment Improve this question Transcribed image text
Answer #1
Accident Year Developed Losses to 48 Months
Factor Losses
2014 9594 10160.1 10514.24 0
2015 10168 10647 0 0
2016 11475 0 0 0
2017 0 0 0 0
Add a comment
Know the answer?
Add Answer to:
4. Using the following loss development data, calculate and show loss development factors and developed losses...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Loss Triangle Number of Claims Development (months) Accident Year 2008 2009 2010 2011 2013 2012 2...

    fill in the blanks Loss Triangle Number of Claims Development (months) Accident Year 2008 2009 2010 2011 2013 2012 2013 48 127 375 347 469 60 139 393 369 72 149 403 84 157 12 24 36 283 287 401 385 391 369 326 323 419 414 425 345 335 440 434 Loss Development Factors -- Number of Claims Development (months) Accident Year 2008 2009 2010 2011 2013 2012 2013 12-24 24-3636-48 48-6060-72 72-8484+ Average Factor Cumulative Factor Loss Triangle...

  • A country import data shows the following. Using the data Calculate the straight line trend model...

    A country import data shows the following. Using the data Calculate the straight line trend model using the least square method and predict the total import for 2017 and 2018 Calculate a three year moving average for the data and show the same on separate column year import in billions $ 2007 21 2008 18 2009 16 2010 24 2011 23 2012 24 2013 39 2014 28 2015 12 2016 34

  • How would I calculate diluted weighted average shares in excel using the following information? (The blank...

    How would I calculate diluted weighted average shares in excel using the following information? (The blank cells are what I need) Excel File Edit View Insert Format Tools Data Window Home Insert Page Layout Formulas Data ReviewView Calibri (Body) 12A- A Paste As reported 43 Merck & co., Inc. and subsidiaries 44 | Income statements 45 In millions except per share data 46 47 Sales 48 Costs/expenses 49 Materials and production 2017 40,122 2015 39,498 Year ended near 12/31: 2016...

  • 4. Perform a SWOT analysis for Fitbit. Based on your assessment of these, what are some strategic options for Fitbit go...

    4. Perform a SWOT analysis for Fitbit. Based on your assessment of these, what are some strategic options for Fitbit going forward? 5. Analyze the company’s financial performance. Do trends suggest that Fitbit’s strategy is working? 6.What recommendations would you make to Fitbit management to address the most important strategic issues facing the company? Fitbit, Inc., in 2017: Can Revive Its Strategy and It Reverse Mounting Losses? connect ROCHELLE R. BRUNSON Baylor University MARLENE M. REED Baylor University in the...

  • September 24, 2016 $ Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which...

    September 24, 2016 $ Apple Inc. CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 30, 2017 ASSETS Current assets Cash and cash equivalents 20,289 Short-term marketable securities 53.892 Accounts receivable, less allowances of $58 and $53, respectively 17,874 Inventories 4,855 Vendor non-trade receivables 17.799 Other current assets 13,936 Total current assets 128,645 Long-term marketable securities 194,714 Property, plant and equipment, net 33,783 Goodwill 5,717 Acquired intangible assets, net 2,298 Other...

  • 1. Exercise 5.1 The forecasting staff for the Prizer Corporation has developed a model to predict...

    1. Exercise 5.1 The forecasting staff for the Prizer Corporation has developed a model to predict sales of its air-cushioned-ride snowmobiles. The model specifies that sales, S, vary jointly with disposable personal income, Y, and the population between ages 15 and 40,Z, and inversely with the price of the snowmobiles, P. Based on past data, the best estimate of this relationship is: where k has been estimated (from past data) to equal 100 If Y $13,000, Z- $1,200, and P...

  • The Coca-Cola Company and PepsiCo, Inc. The financial statements of Coca-Cola and PepsiCo are presented in...

    The Coca-Cola Company and PepsiCo, Inc. The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies' complete annual reports, including the notes to the financial statements, are available online. Instructions Use the companies' financial information to answer the following questions. a. Based on the information contained in these financial statements, determine each of the following for each company. 1. Cash used in (for) investing activities during 2017 (from the statement of cash flows)....

  • need question 1a and b please EXHIBIT 2.9 CALLAWAY GOLF COMPANY Consolidated Statements of Operations (In...

    need question 1a and b please EXHIBIT 2.9 CALLAWAY GOLF COMPANY Consolidated Statements of Operations (In thousands, except per share data) Year Ended December 31, 2016 2014 Net sales Cost of sales...... Gross proft Selling expenses...... General and administrative expenses Research and development expenses Total operating expenses Income from operations Interest income $ 871,192 486 181 385.011 235,556 71969 33318 340,343 44,168 2015 $843,794 486,161 357,633 228,910 68,567 33 212 330 690 26,943 388 (8.733) $886,945 529,019 357.926 234.231 61,652...

  • Required: 1. What is the amount of Apple’s accounts receivable as of September 30, 2017? 2....

    Required: 1. What is the amount of Apple’s accounts receivable as of September 30, 2017? 2. Compute Apple’s accounts receivable turnover as of September 30, 2017. 3. How long does it take, on average, for the company to collect receivables for fiscal year ended September 30, 2017? 4. Apple’s most liquid assets include (a) cash and cash equivalents, (b) short-term marketable securities, (c) accounts receivable, and (d) inventory. Compute the percentage that these liquid assets (in total) make up of...

  • Ratios Calculate all* of the ratios listed in exhibit 14-26, "Summary of Analytical Measures," for Carnival...

    Ratios Calculate all* of the ratios listed in exhibit 14-26, "Summary of Analytical Measures," for Carnival Corp in 2018 (you do not need to do ratios for 2017). * Because Carnival inventory sales are a small fraction of their revenues, do not calculate Inventory Turnover, Days Sales in Inventory, or Gross Profit. You also do not need to calculate EPS or Return on Common Stockholders' Equity In any place where the formula calls for an average, use the 2017 number...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT