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9.9. Earned premium for one year policies during CY2-CY5 is Calendar Year Earned Premium CY2 CY3 CY4 CY5 1,200 1,800 1,954 2,184 Rate changes over
9.9. Earned premium for one year policies during CY2-CY5 is Calendar Year Earned Premium CY2 CY3 CY4 CY5 1,200 1,800 1,954 2,184 Rate changes over CY1-CY5 were +4.6% on 1/1/CY2, +8.5% on 4/1/CY3, and +3.0% on 10/1/CY4. Calculate the earned premium at current rates as of 12/31/CY5 for each of the four calendar years CY2 through CY5 using the parallelogram method. 9.9. Earned premium for one year policies during CY2-CY5 is Calendar Year Earned Premium CY2 CY3 CY4 CY5 1,200 1,800 1,954 2,184 Rate changes over CY1-CY5 were +4.6% on 1/1/CY2, +8.5% on 4/1/CY3, and +3.0% on 10/1/CY4. Calculate the earned premium at current rates as of 12/31/CY5 for each of the four calendar years CY2 through CY5 using the parallelogram method
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