Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.80, while the data
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Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.80, while the data
Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.80, while the data shows that the loss adjustment expenses is 387 and the total premium earning is 853. The company's current ratel s 35. Using the experience rating method what will the new primum be if the credibility factor is 0.34
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