Book Description
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.