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3. (10 points) You are given the following information for a certain accident year. Earned Premium: 1000 Expected Loss Ratio: 0.650 Paid Loss Factor fult:

3. (10 points) You are given the following information for a certain accident year. Earned Premium: 1000 Expected Loss Ratio: 0.650 Paid Loss Factor fult: 1.21 Incurred-to-Date: 600 Paid-to-Date: 500 Find the estimated loss reserves using (i) Expected loss ratio method (ii) Chain-ladder method and (iii) Bornhetter Ferguson method

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