Beyond Actual to Table: Models in Experience Studies
Traditional life experience studies show actual claims as a ratio of a reference table. Despite the issue that mixing heterogeneous segments can distort results, segments are typically aggregated to gain a larger volume of experience. This paper demonstrates an approach to addressing the issue by modeling experience, and then interpreting the model and residual errors instead of actual / table ratios alone.
Questions Or Comments
If you have comments or questions, please email firstname.lastname@example.org.