Page 1 of 1
Question of 30 Question 4 2 points SA Takalud wishes to adjust their rates for next year, they calculate that the expect
Posted: Sun Jun 05, 2022 11:03 am
by answerhappygod
- Question Of 30 Question 4 2 Points Sa Takalud Wishes To Adjust Their Rates For Next Year They Calculate That The Expect 1 (7.56 KiB) Viewed 48 times
Question of 30
Question 4 2 points SA Takalud wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.71, while the data shows that the loss adjintment expenses is 563 and the total premium eaming is 901 The
company's current ratel s 63. Using the experience rating method what will the new priman be if the credibility factor is 0.56