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Expected Claims Technique

Create an expected claims model and run suite of tools

Expected claims is a way of determining the expected loss ratio (ELR) based on how much money earned from premiums an insurer should set aside to pay for future claims. The amount is not fixed, but based on probability and actuarial forecasts that attempt to predict the number and severity of claims the insurer will have to pay.


expectedClaimsCreate expectedClaims object (Since R2020b)


ultimateClaimsCompute projected ultimate claims for expectedClaims object (Since R2020b)
ibnrCompute IBNR claims for expectedClaims object (Since R2020b)
unpaidClaimsCompute unpaid claims estimates for expectedClaims object (Since R2020b)
summaryDisplay summary report for expected claims estimates (Since R2020b)