Cumulative Trend Method

Definition of "Cumulative trend method"

Janae Donoghue Moore real estate agent
Janae Donoghue Moore, Real Estate Agent PureWest Real Estate

Approach to derive trend lines that can be applied to rating insured losses. Other methods require substantial preliminary operations to solve systems of equations of several unknowns. The cumulative method reduces the probability of mistakes because a relatively simple computation is required to prepare a set of data for the burning cost ratio.

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