Assume you are the responsible actuary for the insurance company Bonus Insurance Group (BIG). You're asked...
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Assume you are the responsible actuary for the insurance company Bonus Insurance Group (BIG). You're asked to make a report on the suggested differentiations of premiums per insurance class given that the desired claim index is (50%) the one in insurance class A. Class Existing Differentiations Claim Index A 1,00 50% B 1,10 53% C 1,20 54% D 1,30 52% E 1,40 57% F 1,50 55% G 1,60 51% H 1,70 56% I 1,80 60% J 1,90 59% Assume you are the responsible actuary for the insurance company Bonus Insurance Group (BIG). You're asked to make a report on the suggested differentiations of premiums per insurance class given that the desired claim index is (50%) the one in insurance class A. Class Existing Differentiations Claim Index A 1,00 50% B 1,10 53% C 1,20 54% D 1,30 52% E 1,40 57% F 1,50 55% G 1,60 51% H 1,70 56% I 1,80 60% J 1,90 59%
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To decide the recommended separations of charges per protection class in view of the ideal case file we want to appropriately change the current separ... View the full answer
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0133125689
15th edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
Posted Date:
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