Table 13 Risk adjustments using CTE

From: Claim reserving for insurance contracts in line with the International Financial Reporting Standards 17: a new paid-incurred chain approach to risk adjustments

		0.90 CL		0.95 CL		0.99 CL
		RA	RA (%)	RA	RA (%)	RA	RA (%)
Bodily injury	Empirical CDF	390,915	5.39	462,510	6.38	605,255	8.35
	Moment-based	389,795	5.38	460,392	6.35	595,729	8.22
	Normal	381,886	5.27	448,848	6.19	579,953	8.00
	Log normal	387,745	5.35	457,804	6.31	596,583	8.23
Direct compensation	Empirical CDF	15,682	9.74	18,453	11.46	23,882	14.83
	Moment-based	15,655	9.72	18,409	11.43	23,711	14.72
	Normal	15,623	9.70	18,363	11.40	23,726	14.73
	Log normal	16,121	10.01	19,108	11.86	25,083	15.57
Accident benefit	Empirical CDF	493,931	7.56	586,696	8.98	773,348	11.84
	Moment-based	493,002	7.55	584,557	8.95	766,027	11.73
	Normal	477,941	7.32	561,746	8.60	725,828	11.12
	Log normal	487,929	7.47	577,114	8.84	754,583	11.56

All RA amounts are in thousands in Canadian dollars

Back to article page