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A User-Friendly Introduction to Property-Casualty Claim Reserves

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Property-casualty (P&C) claim reserves are financial statement liabilities that represent estimated future claims. An understanding of P&C reserves is important to both risk managers and investment analysts, since this information is crucial in assessing solvency and value. We review some basics of P&C reserves, and add some of our own thoughts, in a way that tries to be user-friendly for practitioners and students.
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Document Type: Research Article

Publication date: September 1, 2004

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