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Search: Posts Made By: cagkan
Forum: General Actuarial 06-29-2017, 10:15 AM
Replies: 2
Views: 920
Posted By cagkan
Hi examsarehard, Actually the aim is...

Hi examsarehard,

Actually the aim is calculating company's value by using customer scores. This will also help us to see which agencies have good/bad portfolio.

Thus, I know premium, paid loss...
Forum: General Actuarial 06-29-2017, 09:52 AM
Replies: 2
Views: 920
Posted By cagkan
Customer Scoring

Hello,

I'm researching about methods on customer scoring that are used by insurance companies.

The point is, how do I determine a specific score for a customer? Which factors I should use in...
Forum: Property - Casualty / General Insurance 06-19-2017, 08:16 AM
Replies: 3
Views: 760
Posted By cagkan
Thank you Abelian Grape, but I'm not sure that...

Thank you Abelian Grape, but I'm not sure that how I can use a priori in the process(?)
Forum: Property - Casualty / General Insurance 06-19-2017, 03:14 AM
Replies: 3
Views: 760
Posted By cagkan
Daily IBNR Calculation

Hi everyone,

I've got a specific problem.

There is a module that I can see written premiums, paid claims, case reserves etc. figures on daily basis for MTPL. If I want to calculate an IBNR...
Forum: Property - Casualty / General Insurance 01-25-2017, 02:50 AM
Replies: 5
Views: 1,104
Posted By cagkan
Renewal Rate

Hello everyone,

I have got a specific questions for you.

Which of the followings is the best meaning of renewal rate?

Renewed Policy Counts / Total Policy Counts

or
Forum: Actuarial Exams: South America, Africa & Middle East 12-08-2016, 01:41 AM
Replies: 2
Views: 20,045
Posted By cagkan
Hi neofan, If you are ASA or FSA then,...

Hi neofan,

If you are ASA or FSA then, there wont be any problem for being fully qualifed actuary in Turkey. You just have to pass one specific exam that examines your knowledge about Turkish...
Forum: Property - Casualty / General Insurance 11-04-2016, 08:48 AM
Replies: 5
Views: 1,862
Posted By cagkan
IBNER calculation methods

Hi guys,

Do you know any methods that can be used in IBNER calculation?

When I calculate IBNR (using deterministic methods) it gives me just IBNR figure , but I wonder the portion of IBNER...
Forum: Property - Casualty / General Insurance 07-19-2016, 07:54 AM
Replies: 5
Views: 644
Posted By cagkan
Yes this would be a way. On the other hand, there...

Yes this would be a way. On the other hand, there also quarterly LDFs which are determined automatically from quarterly paid and incurred data. I also adjust those LDFs for reaching IBNR amount which...
Forum: Property - Casualty / General Insurance 07-19-2016, 07:45 AM
Replies: 5
Views: 644
Posted By cagkan
Trondomar, The problem is my IBNR amount is...

Trondomar,

The problem is my IBNR amount is yearly basis. Thus, I use yearly paid, incurred and premium data when I work on IBNR. This also much easier then using quarterly data since there could...
Forum: Property - Casualty / General Insurance 07-19-2016, 05:19 AM
Replies: 5
Views: 644
Posted By cagkan
From yearly IBNR estimates to quarterly

Hi everyone,

I have a specific question.

I usually calculate IBNR figure yearly. However, I have to reach that IBNR result by using quarterly factors because of the audit issues.

How can...
Forum: General Actuarial 05-02-2016, 09:20 AM
Replies: 0
Views: 575
Posted By cagkan
Actuarial Function in Insurance Companies

Hi everyone,

I'm doing a research about presence of actuarial function on company organization. Actuarial Departments are always found under Executive Boards in Turkey. There is no independence...
Forum: Property - Casualty / General Insurance 04-29-2016, 01:34 AM
Replies: 4
Views: 1,108
Posted By cagkan
Thanks for the answers. They will be helpful.

Thanks for the answers. They will be helpful.
Forum: Property - Casualty / General Insurance 04-24-2016, 06:01 AM
Replies: 10
Views: 1,876
Posted By cagkan
Hi, This may help.. ...

Hi,

This may help..

http://www.math.tu-dresden.de/sto/schmidt/dsvm/reserve.pdf
Forum: Property - Casualty / General Insurance 04-21-2016, 07:59 AM
Replies: 4
Views: 1,108
Posted By cagkan
Underwriting Year IBNR problem

Hi everyone,

I need your help for calculating IBNR amount. I determine IBNR as Accident Year basis for my insurance company. On the other hand, I have to also determine IBNR as Underwriting Year...
Forum: General Actuarial 03-01-2016, 04:01 AM
Replies: 4
Views: 800
Posted By cagkan
Lloyd's UWs vs Local Insurers

Let's say that Lloyd's has decided to open a syndicate in Turkey. How does that affect the local insurers in Turkey?
Forum: Property - Casualty / General Insurance 01-20-2016, 09:07 AM
Replies: 3
Views: 644
Posted By cagkan
Yes! It looks useful. Thank you.

Yes! It looks useful. Thank you.
Forum: Property - Casualty / General Insurance 01-20-2016, 03:06 AM
Replies: 3
Views: 644
Posted By cagkan
Capital Modelling Guide

Hello,

I'm looking for guides, documents, studies about capital modelling in non-life insurance companies. I did a research on internet but could not find useful wotkings.

Does anyone have...
Forum: Property - Casualty / General Insurance 01-08-2016, 03:54 PM
Replies: 11
Views: 937
Posted By cagkan
Thank you for all comparisons :)

Thank you for all comparisons :)
Forum: Property - Casualty / General Insurance 01-08-2016, 09:12 AM
Replies: 11
Views: 937
Posted By cagkan
Lognormal Reserve (99.5%) vs TVaR (99.5%) Reserve

Hi,

I use a specific stochastic model for calculating IBNR figures. There are two options related to the results:

1. Mean + Std. Dev. (%99,5 Log-normal)


2. TVaR (%99,5) of...
Forum: Property - Casualty / General Insurance 12-25-2015, 09:29 AM
Replies: 1
Views: 714
Posted By cagkan
Thoughts on Individual Claims Reserving Technique

Hi,

I have just started to use ICR method on IBNRs program. Is there anyone who used this program recently? The point is I want to use this method in order to compute IBNR results of our MOD...
Forum: Property - Casualty / General Insurance 11-04-2015, 08:48 AM
Replies: 7
Views: 684
Posted By cagkan
Firstly, thank you both. I want to clarify the...

Firstly, thank you both. I want to clarify the situaton.

I made an estimate of Ultimate Loss and IBNR as @30.09.2015 using 7 years past loss data. At the same time, I want to make a projection...
Forum: Property - Casualty / General Insurance 11-04-2015, 08:10 AM
Replies: 7
Views: 684
Posted By cagkan
I'm just trying to estimate the expected...

I'm just trying to estimate the expected emergence in the next CY, you are right. Nevertheless, I could not understand that how I can know %paid@15 since I have loss development patterns @14.

For...
Forum: Property - Casualty / General Insurance 11-04-2015, 07:40 AM
Replies: 7
Views: 684
Posted By cagkan
One year ultimate reserve estimate

Hi everyone.
I need help about a calculation.

Lets we say that we made ultimate loss projection as 31.12.14. However, I want to also make the projection as 31.12.15 in order to see that how...
Forum: Property - Casualty / General Insurance 10-30-2015, 02:49 AM
Replies: 5
Views: 651
Posted By cagkan
I'm going to use the curves for our internal...

I'm going to use the curves for our internal modelling purposes. However, I did not find the banks which publishes yield curves for multiple curruncies.

Thank you for your help, I'll keep...
Forum: Property - Casualty / General Insurance 10-28-2015, 02:58 AM
Replies: 5
Views: 651
Posted By cagkan
Thanks for the answer. I'm just looking for...

Thanks for the answer.

I'm just looking for yield curves that I can use for our currency (which is Turkish Lira). Lloyds publishes that kind work for every quarters and EIOPA also does that. I...
Showing results 1 to 25 of 29

 

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