Triangle Comparison

The Cumulative Triangles Section appears by default when the Triangles Comparison Page is displayed. This page enables the comparison of data between two triangles for the same development period.

The following table provides information about this page:
Field Description
Development

Select a development period for the Triangle. Available options are:

  • Monthly – These triangles display 12 developments (1 year).
  • Quarterly – These triangles display 8 developments (2 years).
  • Half-yearly – These triangles display 10 developments (5 years).
  • Yearly – These triangles display 10 developments (10 years).
Triangle 1 Click the button adjacent to this field to make the right-hand-side menu appear. From this menu, select the desired Triangle.
Triangle 2 Click the button adjacent to this field to make the right-hand-side menu appear. From this menu, select the desired Triangle.
Cumulative Triangles The Cumulative Triangles Section appears by default when the Triangles Page is displayed. This Triangle is created from the Incremental Triangle.
Cumulative The Cumulative Section appears by default. Click this button to toggle between the Cumulative and Incremental Button. For more information, see the Cumulative Triangles Section.
Incremental

Click this button to toggle to the Incremental Triangle. The Incremental Triangle represents the losses and premium for the given Accident or Under Writing (UW) year respectively for a particular point of time when these triangles were created directly from the data. For more information, see the Incremental Triangle Section.

Note: This section only appears if the Cumulative Triangles Tab is selected.

Development Factor

Click this tab to navigate to the Development Factor Section.

The Development Factor Triangle is created by using the Cumulative Triangle as a base. For more information, see the Development Factor Section.

Projection Factor

Click this tab to navigate to the ProjectionFactor Section.

The Projection Factor is created to get the Development Patterns for future developments (such as future years, half years, quarters, or months). For more information, see the Projection Factor Section.

Projection Triangle

Click this tab to navigate to the ProjectionTriangle Section.

The Projection Triangle produces the final output of the triangulation exercise. For more information, see the Projection Triangle Section.