SOFE
AFE · Question #131
The method which assumes that an entity's experience in estimating case-basis reserves will be repeated in the future is called:
The correct answer is B. Reported loss development projection. See the full explanation below for the reasoning.
Question
The method which assumes that an entity's experience in estimating case-basis reserves will be repeated in the future is called:
Options
- APaid loss projection
- BReported loss development projection
- CIncurred loss projection
- DInternal entity loss projection
How the community answered
(37 responses)- A11% (4)
- B81% (30)
- C5% (2)
- D3% (1)
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