Stephannie

Frequency-Severity Method.



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The frequency-severity method is a way for insurance companies to estimate the expected losses from future events. This method is also known as the chain ladder method. The frequency-severity method uses historical data to predict the likelihood (frequency) of future events and the severity of those events. The method starts with an estimate of the … Read more

What is LIFO?



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All companies must carry the accounting of their products. And therefore also the accounting of your stocks. In this sense, the decision on which criterion is the most convenient to value stocks in the case of a specific company is essential. The reason is that accounting is governed, among others, by the uniformity principleTherefore, the … Read more