| Comment | Response |
|---|---|
| One commentator suggested adding a fourth category for future benefits paid on a claim. | The reviewers agree that this category should be included and added it to the definition of “incurred claims” in section 2.9. |
| One commentator requested clarification of the meaning of “appropriate period.” | The reviewers agree this would be helpful and made clarifying changes. |
| One commentator observed a conflict related to “processed claims” and “paid claims” between the definitions of the “development method” and “unpaid claims liability.” | The reviewers agree and made changes to both definitions in this section and section 2.5. |
- Froogled By:
- Elias Makere, FSA, MAAA
- Last Froogled:
ASOP 5 | Commentary Section 2.16 | COMMENT ON SECTION 2.16
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