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Posted: **Sun Jun 05, 2022 11:09 am**

: Question 29 Asia Life Insurance Insures A Total Of 1000 Cars Has A Loss Adjustment Expense Of 10858 Underwriting Expen 1 (9.51 KiB) Viewed 34 times

QUESTION 29 Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 10858, underwriting expenses of 1411 and have earned premiums worth 16460. Based on this information calculate their Gross Rate using the pure premium method.