Hi!
Can somebody clear up what nF (standard measured in expected claims) is all about and why they even mention it when eF (standard measured in exposure units) seems to be more general?
If nF is important then why not also have a couple other symbols to represent policyholder-years and aggregate losses?
ie: eF could be the standard measured in exposure units where exposure units are expected claims...(?)
Thanks!
Can somebody clear up what nF (standard measured in expected claims) is all about and why they even mention it when eF (standard measured in exposure units) seems to be more general?
If nF is important then why not also have a couple other symbols to represent policyholder-years and aggregate losses?
ie: eF could be the standard measured in exposure units where exposure units are expected claims...(?)
Thanks!
ASM - credibility: eF vs nF ?
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