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On links between the different definitions of time in IBNR run-off triangles

On links between the different definitions of time in IBNR run-off triangles. Ilja V. Erokhin, Andrey A. Kudryavtsev. St.Petersburg, Russia. 2007. Multiplicative Model for loss development:. where. is loss payments in the moment of u + d on accidents which happened in the moment u ;.

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On links between the different definitions of time in IBNR run-off triangles