Estimating Future Claims - Case Studies from Mass Tort and Product Liability

01 January 1996
By Dr. Denise Martin et al.

In this book from Andrews Professional Books, the authors provide a study of past, present, and emerging mass torts with practical information drawn from examples such as asbestos. The book aims to help plaintiff and defense attorneys, judges, insurance and reinsurance company claims managers, risk managers, brokers, actuarials, and executives: 

  • Identify key data and assumptions necessary at each stage of the estimation process
  • Learn how the incidence and prevalence of a condition is converted into claims
  • Forecast liability exposure for risk management and conveyance of assets
  • Assess reserve and settlement trusts for financial planning and company insulation
  • Review historical and new estimation techniques