bacing Heading 1 Hea 6 I Chapter 2 Practice Exercise: Double-click to hide white space Measuring Risk for "Insurer A" Questions 1-5 use the table below. 5 points each, total 30 points The following is the experience of Insurer A for the last t Chapter 2 three years: Year Number of Exposures Number of Collision Claims 1 10,000 375 2 10,000 330 3 10,000 420 Collision Losses ($) 350,000 250,000 400,000 1. What is the frequency of losses in year 1? Hint: What is the number of collisions claims in year 1? 2. Calculate the probability of a loss in year 1. Divide the number of collision claims in a by the total number of exposures in year 1