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Modeling To Cut Insurer Costs, Set Reserves Is Outlined

LAS VEGAS--While insurers rely on risk models to predict their loss exposure, models can also be used to establish reserves after the claim and examine the variables that can reduce the cost, two actua

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LAS VEGAS–While insurers rely on risk models to predict their loss exposure, models can also be used to establish reserves after the claim and examine the variables that can reduce the cost, two actuarial experts explained at a conference here.

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