Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 9977, underwriting expenses of 553 an
Posted: Sun Jun 05, 2022 10:54 am
Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 9977, underwriting expenses of 553 and have earned premiums worth 15690. Based on this information calculate their Gross Rate using the pure premium method.