Browsing Strathmore Institute of Mathematical Sciences (SIMs) by Subject "Stochastic IBNR"
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A comparison of deterministic IBNR reserving to stochastic IBNR reserving in Kenya
(Strathmore University, 2017)Different methods of reserving for claim liabilities of an insurer and in particular IBNR have been advanced throughout time. These methods strive to provide an estimate enough to cater for the future liabilities. Therefore ...