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Insurance banana skins in Kenya
(Strathmore University, 2017)
Risk is an aspect that ca n never be done away with. It is both upside and downside. Upside risks are opportunities. On the other hand, downside risks are a ca use of alarm to change things. This research sought out to ...
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 ...
Determining the most suitable method of IBNR reserve estimation in the event of varying development patterns.
(Strathmore University, 2017)
In general insurance reserving, it is assumed in many cases that the losses in each accident year develop the same way. This makes the chain ladder method in general a good method to estimate general insurance claims ...