Transcription of Basic Ratemaking Version 5 May 2016 2
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Basic Ratemaking . Fifth Edition, May 2016. Geoff Werner, FCAS, MAAA. Claudine Modlin, FCAS, MAAA. Willis Towers Watson With significant contributions from: Alice Gannon, FCAS, MAAA; Serhat Guven, FCAS, MAAA; Christine Gennett, ACAS, MAAA; Jeff Kucera, FCAS, MAAA; Brett Nunes, ASA, MAAA; and Dave Otto, FCAS, MAAA. Casualty Actuarial Society, 2016. Basic Ratemaking Geoff Werner, FCAS, MAAA and Claudine Modlin, FCAS, MAAA. Willis Towers Watson With significant contribution from: Alice Gannon, FCAS, MAAA; Serhat Guven, FCAS, MAAA;. Christine Gennett, ACAS, MAAA; Jeff Kucera, FCAS, MAAA;. Brett Nunes, ASA, MAAA; Dave Otto, FCAS, MAAA. Version 5, MAY 2016. Copyright Casualty Actuarial Society, 2016. This text outlines Basic property/casualty insurance Ratemaking concepts and techniques. It is intended to be a single educational text to prepare actuarial candidates practicing around the world for Basic Ratemaking .
v Chapter 15 covers additional ratemaking methods commonly used by commercial insurers. The methods are divided into two categories: those that alter the rate calculated from the rating manual and those that are employed by insurers to calculate a premium unique to a particular large commercial risk.
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