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Exercise 18.8.5 Assume that the total profit of the company based on the above Claim Indexes is satisfactory. Restructure the differentiations in the insurance classes
Exercise 18.8.5 Assume that the total profit of the company based on the above Claim Indexes is satisfactory. Restructure the differentiations in the insurance classes so that you expect equal Claim Indexes for all classes. Assume that the earned premium per class is equal to 1.000 units for classes A,B,C,D,EF. For classes G and H is 50% increased while for classes I and J is 100% increased in relation to the first classes. Exercise 18.8.5 Assume that the total profit of the company based on the above Claim Indexes is satisfactory. Restructure the differentiations in the insurance classes so that you expect equal Claim Indexes for all classes. Assume that the earned premium per class is equal to 1.000 units for classes A,B,C,D,EF. For classes G and H is 50% increased while for classes I and J is 100% increased in relation to the first classes
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