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level of granularity

Arabic translation: مستوى دقة التفاصيل

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:level of granularity
Arabic translation:مستوى دقة التفاصيل
Entered by: aya omar

11:02 Mar 14, 2024
English to Arabic translations [PRO]
Bus/Financial - Business/Commerce (general)
English term or phrase: level of granularity
For General Insurance,
The paid triangle was selected to estimate the volatility in total unpaid claims (OS and IBNR), however, due to the small size of the portfolio, we relied on a comparable business (GIG Kuwait P&C) as a benchmark for volatility.
The method is “Stochastic Bootstrap”, and the confidence level is 80th (due to the limited impact at 75th) while on the reinsurance side, we selected the 60th percentile (to avoid any negative risk adjustment on a net basis).
Because of the selected level of granularity (Health vs Life vs P&C), we believe that no diversification benefit is required at total level for GIG Parent. All factors are calibrated, before uploading them onto the engine, to avoid any over- or under-estimation that may arise from the claims’ payables or receivables.
We are comfortable with the above methods and selections as of the valuation date. The Gross Risk Adjustment is KD 1.1 million (KD 35.2k on a net basis).
aya omar
Egypt
Local time: 04:44
مستوى دقة التفاصيل
Explanation:
مستوى دقة التفاصيل
أو مستوى الدقة والتفاصيل
Selected response from:

HATEM EL HADARY
Local time: 04:44
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4مستوى التفصيل/ مستوى التحديد/ مستوى التفسير
Motaz Fahmy
3 +1مستوى دقة التفاصيل
HATEM EL HADARY


  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
مستوى التفصيل/ مستوى التحديد/ مستوى التفسير


Explanation:
مستوى التفصيل/ مستوى التحديد/ مستوى التفسير

Motaz Fahmy
Egypt
Local time: 04:44
Specializes in field
Native speaker of: Native in ArabicArabic
PRO pts in category: 104
Login to enter a peer comment (or grade)

10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
مستوى دقة التفاصيل


Explanation:
مستوى دقة التفاصيل
أو مستوى الدقة والتفاصيل

HATEM EL HADARY
Local time: 04:44
Works in field
Native speaker of: Native in ArabicArabic, Native in EnglishEnglish
PRO pts in category: 152

Peer comments on this answer (and responses from the answerer)
agree  Heba Abed
7 hrs
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