QUESTION 24 Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 10616, underwriting expen
Posted: Sun Jun 05, 2022 11:14 am
- Question 24 Asia Life Insurance Insures A Total Of 1000 Cars Has A Loss Adjustment Expense Of 10616 Underwriting Expen 1 (57.87 KiB) Viewed 49 times
QUESTION 24 Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 10616, underwriting expenses of 947 and have earned premiums worth 14251. Based on this information calculate their Gross Rate using the pure premium method.