Cumulative triangles and selected development factors: clLinkDenominator_zero
ProvedActuarialValuation.clLinkDenominator_zeroactuarial-scienceclaims-development-reservingformal-verification
Empty origin-year exposure produces a zero link denominator. The full Lean declaration specifies the finite boundaries, exact units and any positivity, independence or regularity assumptions. This is an original derived Actuarial mathematical statement, not a claim of a numbered previously published theorem.
Mathematical relation:
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Definitions.Def_actuarial_clLinkDenominator
Formal statement
namespace ActuarialValuation theorem clLinkDenominator_zero (p : ℕ → ℕ → ℝ) (j : ℕ) : clLinkDenominator p 0 j = 0 := by sorry end ActuarialValuation
Source
Original derived actuarial mathematics, published source page 283. Klaus D. Schmidt, Methods and Models of Loss Reserving Based on Run-Off Triangles, Casualty Actuarial Society Forum (2006), https://www.casact.org/sites/default/files/database/forum_06fforum_273.pdf; Casualty Actuarial Society, The Bornhuetter-Ferguson Principle (2008), https://www.casact.org/sites/default/files/2021-07/Bornhuetter-Ferguson-Schmidt-Zocher.pdf. Parent topic: Finite cumulative claim triangles, volume-weighted age-to-age factors, development-to-ultimate and Bornhuetter-Ferguson reserve valuation. The particular Lean formula is a new finite/real-algebraic formalisation and remains an unproved theorem target if labelled theorem. Relevant published actuarial derivation: https://www.casact.org/sites/default/files/database/forum_06fforum_273.pdf
Human review
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.