Which one of the following statements regarding the loss-triangle method for reserving is true? Available...

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Accounting

Which one of the following statements regarding the loss-triangle method for reserving is true? Available answer options Select only one option A It is not affected by variances in loss frequency. B It is not affected by variances in loss severity. C It does not use historical loss development patterns to forecast future loss development. D The loss data in a loss triangle may or may not include allocated loss adjustment expenses

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