Examples of Ladder in a sentence
Where a shortfall is identified, an additional provision is made and the company recognizes the deficiency in the statement of profit or loss and other comprehensive income for the year.Incurred but Not Reported (IBNR) claim reserves were determined by projecting Ultimate Claims using Chain Ladder method and then deducting for claims paid to date and outstanding amounts on reported claims.
The PageRuler Plus Prestained Protein Ladder (Fisher Scientific, Waltham, MA, US) was run as a molecular weight standard (10–250 kDa).
The accuracies of the models are modeled by the average and the standard errors of forecasted part of ultimate claims reserves.Calculations were conducted in the following models:• Deterministic Chain Ladder model - with the nonparametric standard er- ror estimator proposed by T.
Loss Ratio method is used where use of Chain Ladder method was not appropriate or possible.Unearned Premium Reserve (UPR), for all policies except Engineering, is determined by apportioning the premium over the duration of policy and calculating UPR based on premium in respect of remaining term of the policy.
Hood River / Pelton Ladder Master Agreement ( Project Number 89-029: Contract Number DE-B179-93BP81758).