Your Tail is Growing- Relationship Among Occurrence, Claims-Made and Tail
Track
:
Risk Financing
Program Code:
TH-08
Date:
Thursday, October 14, 2010
Time:
9:15 AM to 10:15 AM
EST
Location:
CC - Room 7-9
PRESENTER
:
Vince Yezzi, FCAS, MAAA, Principal & Consulting Actuary, Towers Watson
I am a principal and consulting actuary with Towers Watson in Philadlephia. For more than 24 year I have specialized in the medical professional liability line of business, providing strategic planning and funding requirement analyses for captive insurance companies and self-insured entities. I have co-authored articles in several publications, including The Actuarial Review and Captive Insurance Company Reports. I am a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries.
Description
This isession will visually explore the relationships among occurrence coverage, claims-made coverage and tail crom the actuarie's perspective, using easy-to-understand charts and grids.
LEARNER OUTCOMES:
Identify how an emergence pattern is created (the evolution of occurrences becoming reported claims)
Identify the appropriate tail factors for particular coverage scenarios.
See the relationships among occurrence, claims-made and tail coverages.