Given premium information on property insurance products in the underwriting year 2020 as follows Gross
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Given premium information on property insurance products in the underwriting year 2020 as follows Gross
Given premium information on property insurance products in theunderwriting year 2020 as followsGrossPremium 1,000assume thepremium is for a duration of 1 year and is fully earnedCommission25%Expense15%Projected Claims 550Reinsurance CommissionPremium 180assume thepremium is for a duration of 1 year and is fully earnedReinsurance Commission35%Projected Claims 90determineactuarial COR for products in underwriting year 2020.