No. All LDFs in Loss Forecaster are across industries. In order to utilize LDFs specific to a client or industry, a loss triangle would need to be created using the specific loss history as a basis. This is beyond the scope of Loss Forecaster, but could be part of a complete SIGMA actuarial analysis.
Articles in this section
- Are there industry specific LDF’s?
- I have a problem with how the LDFs are generated when all the losses are paid. In these situations, the incurred LDF is 1.00 - shouldn't there still be an IBNR element to the LDFs?
- What is the source of the LDFs (loss development factors) and other trending data in Loss Forecaster? Are they specific to the selected industry?
- The inflation rate implied by the inflation trend factors varies by line of coverage. Why is the inflation rate not constant?