IFoA SP7 Practice Questions - IFoA SP7 General Insurance Reserving And Capital Modelling Exam

Which condition would MOST undermine the reliability of a basic paid chain ladder projection?

A stable claims handling process over many years Consistent case reserving philosophy across accident years Homogeneous risk groups within the triangle A material change in the speed of claim settlement during the experience period

Correct Answer:

A material change in the speed of claim settlement during the experience period

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