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Sources of Funds and Estimation of Reserves

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A Guide to Insurance Management
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Abstract

The first part of this chapter deals with the necessity to set aside free reserves and technical provisions. In the second part, the methods of calculation and estimation applied to determine the size of the technical provisions will be examined. The determination of the actual amounts of the free reserves will be discussed within the context of the solvency problems (see Chapters 18 and 19).

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References and recommended reading

  • Eeghen, J. van (1981) ‘Loss Reserving Methods’, Surveys of Actuarial Studies, No. 1 (Rotterdam: Nationale-Nederlanden, N.V.).

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  • Karten, W. (1980) ‘The New “Schwankungsrückstellung” in Annual Statements of German Insurers — An Application of the Theory of Risk?’, The Geneva Papers on Risk and Insurance, no. 17, June.

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  • Peterson, T.M. (1981) Loss Reserving — Property/Casualty Insurance (London: Ernst & Whinney).

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  • Tarbell, T.F. (1971) Incurred But Not Reported Claim Reserves, Proceedings Casualty Actuarial Society (58) pp. 84–9.

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  • Taylor, G.C. (1985) Loss-Reserving (Amsterdam: North-Holland).

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  • Wit, G.W. de and J. van Eeghen (1984) ‘Rate Making and Society’s Sense of Fairness’, ASTIN Bulletin, vol. 14, no. 2, pp. 151–64.

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© 1990 Stephen Diacon

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de Wit, G.W. (1990). Sources of Funds and Estimation of Reserves. In: Diacon, S. (eds) A Guide to Insurance Management. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-07495-2_15

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