QUESTION 24 Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 6897, underwriting expens
Posted: Sun Jun 05, 2022 10:58 am
QUESTION 24 Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 6897, underwriting expenses of 835 and have earned premiums worth 17868. Based on this information calculate their Gross Rate using the pure premium method.