Chapter 2 Credible Claims Reserve: The Benktander Method - T. Mack

Know the GB method formula (2.1) and properties

  • Benktander recognize actual emergence faster

  • Difference between working with Ultimate or Reserve

  • When is the \(GB\) \(MS\) lower than \(BF\)

  • Iterative form of BF and GB and it’s extension Theorem 2.1 (where GB is the 2nd iteration)