Ratemaking and Reserving for Casualty Insurance - ACS 607

This course addresses advanced topics in Ratemaking, including risk segmentation through rating variables, multivariate classification techniques, and additional classification methods such as territory boundary analysis, increased limits factors, and deductibles. It also examines the role of credibility in actuarial estimates, explores both pricing and non-pricing solutions to imbalances in the fundamental insurance equation, and introduces specialized approaches such as claims-made ratemaking and other methods commonly applied by commercial insurers.