Catastrophe Loss Development Study 2013 Edition |
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Author:
| of America, Reinsurance Association |
ISBN: | 978-1-4937-1535-0 |
Publication Date: | Nov 2013 |
Publisher: | CreateSpace Independent Publishing Platform
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Book Format: | Paperback |
List Price: | USD $895.00 |
Book Description:
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The RAA's Catastrophe Loss Development Study is a unique reinsurance excess of loss study. It is intended to raise awareness of historical loss development experience for extreme events in companies writing reinsurance. The study presents and analyzes the quarterly historical loss development of significant catastrophes, on both a paid and case incurred basis. Data is presented on a net of retrocession basis. Leading U.S. reinsurers contribute paid, reported, and IBNR data to this...
More DescriptionThe RAA's Catastrophe Loss Development Study is a unique reinsurance excess of loss study. It is intended to raise awareness of historical loss development experience for extreme events in companies writing reinsurance. The study presents and analyzes the quarterly historical loss development of significant catastrophes, on both a paid and case incurred basis. Data is presented on a net of retrocession basis. Leading U.S. reinsurers contribute paid, reported, and IBNR data to this study, which analyzes losses by type of reinsurance, including facultative, treaty pro rata, treaty risk excess, treaty catastrophe excess and finite/financial/aggregate stop loss.New events included in the 2013 Study include: Superstorm Sandy, New Zealand and Japanese Earthquakes, Thailand Floods, Alabama Tornadoes and California Wildfires. The World Trade Center event is included and broken out by line of business, including property, aviation, liability, workersí compensation, and incidental life (personal accident and accidental death and dismemberment). An electronic file containing the quarterly loss development factors for these events is provided to study purchasers.Published: Biennially (Odd Years) Sixth Edition will be available in December 2013