Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 10616, underwriting expenses of 947 a
Posted: Sun Jun 05, 2022 11:15 am
- Asia Life Insurance Insures A Total Of 1000 Cars Has A Loss Adjustment Expense Of 10616 Underwriting Expenses Of 947 A 1 (43.43 KiB) Viewed 34 times
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.