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Bornhuetter-Ferguson Technique

Create a Bornhuetter-Ferguson model and run suite of tools

The Bornhuetter-Ferguson technique estimates incurred but not reported (IBNR) insurance claim amounts. This technique uses both reported or paid losses as well as an a priori expected loss ratio to arrive at an ultimate loss estimate.


bornhuetterFergusonCreate bornhuetterFerguson object


ultimateClaimsCompute projected ultimate claims for bornhuetterFerguson object
ibnrCompute IBNR claims for bornhuetterFerguson object
unpaidClaimsCompute unpaid claims estimates for bornhuetterFerguson object
summaryDisplay summary report for Bornhuetter-Ferguson analysis