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Exam Review Calculate a premium for the following exposure to risk and assume expenses and profit make up 35 percent of
Posted: Thu May 19, 2022 6:37 am
by answerhappygod
- Exam Review Calculate A Premium For The Following Exposure To Risk And Assume Expenses And Profit Make Up 35 Percent Of 1 (35.21 KiB) Viewed 55 times
Exam Review Calculate a premium for the following exposure to risk and assume expenses and profit make up 35 percent of premium. Pick the closest answer. Event Frequency Severity No Loss 96 -0- Petty Theft .035 $15,000 Big Theft 2005 $400,000 Premium Expected Loss (1 - ER) ER = Expense Ratio (% of Premiums for Expenses and Profit), this will be given