Empirical Analysis of Claims Development Trapezoids following Benford’s Law

Financial Statistical Journal

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Title Empirical Analysis of Claims Development Trapezoids following Benford’s Law
Creator Heberle, Jochen
Gummersbach, Tobias
Description In this paper we make an empirical analysis of a wide range of claims developmenttrapezoids following Benford’s law. In particular we determine Benfors’s law fordifferent characteristic factors depending on claims development triangles/trapezoids.These characteristic factors are the cumulative claims payments, the incrementalclaims payments and the individual development factors. For each characteristic factor hypothesis testing is done for verifying/rejecting Benford’s law.
Publisher EnPress Publisher LLC
Date 2018-09-05
Type info:eu-repo/semantics/article
Peer-reviewed Article
Format application/pdf
Identifier https://systems.enpress-publisher.com/index.php/FSJ/article/view/420
Source Financial Statistical Journal; Vol 1, No 2 (Published)
Language eng
Relation https://systems.enpress-publisher.com/index.php/FSJ/article/view/420/595
Rights Copyright (c) 2018 Financial Statistical Journal

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