Insurance&Tech_TLB_12.12.19

ELRF™ 2020 - A Complete Link Ratio Toolkit for Today's P&C Insurance Actuary

Available from Insureware Pty Ltd

ELRF™ 2020 is for actuaries requiring deterministic or stochastic link ratio techniques coupled with the power of a relational database. The ELRF modeling framework formulates average link ratio methods as regression estimators and extends them. This includes Mack (volume weighted averages), and other weighted averages and extensions.

The following link ratio modeling frameworks are included (over 144 methods):

-Extended Link Ratio Family (ELRF);
-Link Ratio Techniques (LRT);
-Payment Per Claim Incurred (PPCI);
-Projected Case Estimates (PCE);
-Fisher-Lange (FL); and
-Bornhuetter-Ferguson and Expected Loss Ratio methods.

Bootstrap samples and bootstrap simulations can be generated for any stochastic link ratio method.

A fully featured relational databases forms a repository for all your loss development arrays and link ratio models.

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