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LDFLocal Development Framework
LDFLac du Flambeau (Wisconsin)
LDFLura Document Format
LDFLat Diagnostics Framework
LDFLinear Display File
LDFLibrary Definition File
LDFLeft Democratic Front (India)
LDFLesotho Defense Force
LDFLoad Distribution Factor (transportation research)
LDFLocal Distribution Frame
LDFLegislative Defense Fund (various organizations)
LDFLeadership Development Fund (various organizations)
LDFLuraDocument Format (file extension)
LDFLoss Development Factor (insurance)
LDFLow Density Fiberboard
LDFLightweight Digital Facsimile
LDFLondon Dispersion Forces (intermolecular bonding strength)
LDFLyme Disease Foundation, Inc.
LDFLaser Demonstration Facility
LDFLocal Density Function (solid-state physics)
LDFLearning Development Framework
LDFLogical Data File
LDFLambda Delta Fraternity
LDFLow Density Factor
LDFLaboratory Director's Funds
LDFLand Disposal Facility
LDFLocal Distribution Facility
LDFLiberian Development Foundation Inc (Greenbelt, MD)
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References in periodicals archive ?
During renewals the insurer will also use actuarial studies to look at incurred losses, paid losses and its loss reserves, and apply what's known as the loss development factor, or LDF, which corrects errors in estimating loss reserves and projects the additional expected costs for a group of claims.
* Ultimate losses = Incurred losses x Loss development factor x Claims inflation factor
Note that the 12 to 24 month loss development factor is large, primarily because of the emergence of IBNR claims during this period.
A completion factor is then calculated equal to (1-1/LDF), where LDF is the account's incurred loss development factor based on data maturity.
As CIP exposures contain the risk of subcontractors where historical loss performance is unavailable, all too often we find insurers and brokers relying exclusively on predetermined loss development factors or unmodified state loss costs promulgated by NCCI or ISO.
Loss development factors often come into play when carriers estimate the future value of current claims; there is also consideration for claims that have been incurred but have not yet been reported or reflected in the insured's loss data.
Examples of external information that actuaries often consider are loss development factors and trends in claim frequency, severity and loss rates.
In the past year, working with Towers Perrin's actuarial department, Waterman and his team developed a database of public entity loss costs, loss development factors and increased limits factors to compare client loss data to ISO.
The estimate is based on inspections by adjusters and the company's historical loss development factors.
Many critical assumptions underlie rate changes--assumptions such as loss development factors, loss cost trends, factors to convert historical premiums to current premiums, projected investment income, and assumed underwriting expenses.