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Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 9977, underwriting expenses of 553 and have earned premiums worth
Asia Life Insurance insures a total of 1000 cars, has a loss adjustment expense of 9977, underwriting expenses of 553 and have earned premiums worth 15690. Based on this information calculate their Gross Rate using the pure premium method.
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The Handbook Of Financial Instruments
Authors: Frank J. Fabozzi
1st Edition
0471220922, 978-0471220923
