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Calculate with the method of the cost of losses and with the method of the index of losses the new premium of the basic category
Calculate with the method of the cost of losses and with the method of the index of losses the new premium of the basic category (base risk), when the current one is 160 and the adjusted loss ratio is 69%. It is given
Category | Final losses | Risk exposure units | Valid differential | Accrued premiums |
I | 1.750.000 | 13.000 | 0.93 | 1.700.000 |
II | 1.600.000 | 10.000 | 1.08 | 1.250.000 |
III | 1.400.000 | 8.000 | 1.00 | 1.120.500 |
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