Average severities projection method uses various claim count and average cost per claim date on either a paid or insured basis.

Name: Average severities projection method uses various claim count and average cost per claim date on either a paid or insured basis.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

The average severities projection method involves analyzing historical data on claim counts and the average cost per claim to estimate future claims, using either paid or incurred data.

Average Severities Projection Method Uses Various Claim Count and Average