Abstract

This paper studies the outstanding claims reserve and the incurred but not reported (INBR) claims reserve by establishing their queueing models. We give the distributions and bounds of the outstanding and IBNR claims reserve. Furthermore, we also give an example.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.