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Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.76, while the data
Posted: Sun Jun 05, 2022 10:51 am
by answerhappygod
- Takaful Wishes To Adjust Their Rates For Next Year They Calculate That The Expected Loss Ratio Is 0 76 While The Data 1 (7.39 KiB) Viewed 54 times
Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.76, while the data shows that the loss adjustment expenses is 400 and the total premium oaming is 813 The company's current ratei s 71. Using the experience rating method what will the now primum be if the credibility factor is 0.48