Question
An insurance company has the following previous data on aggregate claims: Policyholder Year 1 Year 2 Year 3 Year 4 Mean 246 Variance 340,158.00
An insurance company has the following previous data on aggregate claims: Policyholder Year 1 Year 2 Year 3 Year 4 Mean 246 Variance 340,158.00 1,210 459 1461 944.00 2 01 0 548.25 1,202,312.25 674,939.00 3 2185 809 1,725 633.50 0.00 0.00 Caleulate the Blmann credibility premium for policyholder 3 in Year 5.
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
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