by Claim automator » Thu Jul 05, 2007 05:18 am
Hi,
I want to know about re-insurance calculation, specifically the excess of loss calc.
If possible I would appreciate if someone explains in elaboration the munich method of excell of loss calc.
Thanks and Regards,
Deepak.
I want to know about re-insurance calculation, specifically the excess of loss calc.
If possible I would appreciate if someone explains in elaboration the munich method of excell of loss calc.
Thanks and Regards,
Deepak.
Posted: Thu Jul 05, 2007 06:42 am Post Subject:
Sorry, never heard about this metod. Maybe you give a link where to read about it and I will try to help you.
Posted: Thu Jul 05, 2007 06:58 am Post Subject:
Thanks for the quick reply.
You can check out munichre.com.
Actually the munich method is just a way of calculating the XOL.
It is a statistical method and it makes use of base index, settlement index, franchise limit, etc to arrive at the sum.
I dont really have a soft copy of the problem i need to solve and the input is really too much to type it in.
But it would be easier if someone with previous experience in munich method could help explain the way to solve it.
Thanks and Regards,
Deepak.
Posted: Thu Jul 05, 2007 07:13 am Post Subject: link for you!
Hi.. this one might just come in handy -> actuaries.org.uk/files/pdf/library/proceedings/gen_ins/gic1988/excess_loss.pdf
Posted: Thu Jul 05, 2007 07:29 am Post Subject: better explanation to XOL
I think its the munichreamerica.com and th url you need to look for is munichreamerica.com/content/rl/redefines/redefacultative.html
Posted: Thu Jul 05, 2007 08:26 am Post Subject:
Thanks a lot for all your replies..
It really helped me.
Posted: Sat Jul 21, 2007 09:18 am Post Subject: re-insurance
what are the different ways of calculatin re-insurance
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