U.S. Claims Cost Indexes Updated in Risk Financing
This Risk Financing release updates the summaries
insurance rules and regulations for the non-U.S. domiciles and includes the
most recent updates to the Willis Towers Watson Claims Cost Indices (also known
as U.S. claims cost indexes).
Additionally, the discussions on "Data Requirements" and "Basic Loss Forecasting Methods"
provide examples of how the U.S. claims cost indexes are utilized with other
trend factors and in forecasting losses. This release's issue of
Financing Perspectives features an explanation of the updates to the
U.S. claims cost indexes by Jeremy Pecora and Emily Thompson, consulting
actuaries with Willis Towers Watson based in Detroit. Also in this month's
Perspectives is our regular "Market