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A)Using the average age-to-age development factors calculate the premium. B)Although the actuarial analyst is new and inexperienced he noticed something strange in the 12-24 age-to-age
A)Using the average age-to-age development factors calculate the premium.
B)Although the actuarial analyst is new and inexperienced he noticed something strange in the 12-24 age-to-age development factor trend. Identify this strange observation and outline possible remedies.
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