Cape Cod Technique

Create a Cape Cod model and run suite of tools

The Cape Cod technique estimates incurred but not reported (IBNR) insurance claim amounts. This technique uses both reported or paid losses as well as an a priori expected loss ratio to arrive at an ultimate loss estimate.

Objects

capeCod Create capeCod object (Since R2021a)

Functions

`ibnr`	Compute IBNR claims for `capeCod` object (Since R2021a)
`unpaidClaims`	Compute unpaid claims estimates for `capeCod` object (Since R2021a)
`ultimateClaims`	Compute projected ultimate claims for `capeCod` object (Since R2021a)
`summary`	Display summary report for Cape Cod analysis (Since R2021a)

Topics

Overview of Claims Estimation Methods for Non-Life Insurance
Unpaid claims estimation using development triangle, chain ladder, expected claims, Bornhuetter-Ferguson, and Cape Cod methods.