INSURANCE LOSS MODELLING USING EXCEL

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Description

Section 1 – Introduction to Claims loss modeling
Section 2 – Basic concepts related to probability distributions
Section 3 – Modeling number of claims using Excel: Frequency distributions
Section 4 – Modeling size of losses using Excel: Severity distributions
Section 5 – Fitting distributions to data: Parameter estimation
Section 6 – Examining goodness of fit
Section 7 – Aggregate loss modeling
Section 8 – Modelling Copulas
Section 9 – Aggregating loss estimates across Business Lines and Event types

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