Evaluation

 

1. In MSMA (2011), the number of loss models has reduced. The Initial Loss-Proportional Loss Model and the Horton Model have been removed.

 

2. Instead, there is only one loss model namely, the Initial Loss-Continuing Loss Model.  The parameter values are the same.

 

3. The two models in referred to in (i) are not effective anyway. So the removal is a step in the right direction.

 

 

Back : Theory                              Next : Case Study 1 – Kuala Lumpur

 

 

Print This Page Print This Page

Leave a Reply

Your email address will not be published. Required fields are marked *

*
*
Website