Product Update

US Claim Cost Indexes, Payout Profiles, LDFs, and Sample Models Updated in Risk Financing


This release of Risk Financing features updates to the risk quantification factors in Appendix F, updates to the discussions on risk quantification including the sample models in "Risk Quantification Data Requirements" and "Basic Loss Forecasting Methods," and updates to the US Claims Cost Indexes.

Revisions to the risk quantification factors in Appendix F include updates to the workers compensation loss development factors (LDFs) and benefit level adjustments, general liability and automobile liability LDFs, payout profiles, US Claims Cost Indexes, and the consumer price index. All of these factors are useful in the analysis and projection of losses.