A Chain-Ladder Analysis of P&I Claims - 2021

Authors

  • Nicholas G. Berketis J. Kouroutis & Co. Ltd. Insurance and Reinsurance Brokers, Piraeus, Greece, Frederick University, Cyprus, Athens University of Economics and Business, Athens, Greece, Marine Insurance at Lloyd’s Maritime Academy

DOI:

https://doi.org/10.14738/abr.116.14871

Keywords:

claim, CL method, run-off triangle, claim reserving, P. & I

Abstract

According to the latest Market Review for 2021/2022 prepared by Lockton: The latest financial results from the International Group of P&I Clubs suggests that we are now in the full swing of a hardening market with premium rises due to be requested over the next year or, perhaps, longer – whether this be due to individual Club performance or the renewal of the International Group General Excess of Loss programme, or both.

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Published

2023-06-20

How to Cite

Berketis, N. G. (2023). A Chain-Ladder Analysis of P&I Claims - 2021. Archives of Business Research, 11(6), 43–59. https://doi.org/10.14738/abr.116.14871

Issue

Vol. 11 No. 6 (2023): Archives of Business Research

Section

Articles

License

Copyright (c) 2023 Nicholas G. Berketis

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.