ADDRESSING THE ISSUE OF CHAIN LADDER FORECASTING USING FUZZY REGRESSION MODEL
In this paper, a method for calculating insurance claim reserves using fuzzy chain ladder method is proposed. The methods of calculating reserves, such as run-off triangle and fuzzy regression were used, we conducted a comprehensive investigation in order to choose its best possible estimate among all insurers. The result showed how the estimated future claims reserves were predicted for future years.
claims reserve, chain ladder, run-off triangle, fuzzy regression.
