Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 6593, underwriting expenses of 1588 a
Posted: Sun Jun 05, 2022 11:12 am
Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 6593, underwriting expenses of 1588 and have eamed premiums worth 17988. Based on this information calculate their Gross Rate using the pure premium method.