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10.12. The overall rate change for an insurance coverage is +5%. You have the following information for losses: Experience Loss Ratio Earned Existing Exposures Differential
10.12. The overall rate change for an insurance coverage is +5%. You have the following information for losses: Experience Loss Ratio Earned Existing Exposures Differential Territory 1 2000 1.00 Territory 2 1000 0.80 Territory 3 200 1.30 All experience is treated as fully credible. The current rate for Territory 2 is 100. Calculate the new rate for Territory 2. 0.72 0.85 0.78 10.12. The overall rate change for an insurance coverage is +5%. You have the following information for losses: Experience Loss Ratio Earned Existing Exposures Differential Territory 1 2000 1.00 Territory 2 1000 0.80 Territory 3 200 1.30 All experience is treated as fully credible. The current rate for Territory 2 is 100. Calculate the new rate for Territory 2. 0.72 0.85 0.78
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