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

This book provides a study of past, present and emerging mass torts with practical information drawn from examples such as asbestos. A must read for plaintiff and defense attorneys, judges, insurance and reinsurance company claims managers, risk managers, brokers, actuarials and executives, this book will help them:

- 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; and

- Review historical and new estimation techniques.