MULTI-YEAR RESERVE AND PREMIUM RISK

Abstract

Claims development results are the changes in claims reserves and one of the major risk drivers in the profit and loss statement of a general insurance company. In this study, claims development result, future one year and multi-year reserve and premium risk computed with additive loss reserving model using data of an insurance company serving in the mandatory traffic insurance. The estimators of premiums were calculated by using linear, non-linear regression methods and Hachemeiter regression model. In conclusion, the reserve risk and premium risk are increased.