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For a continuous whole life insurance on (x) of 1000: i) Expenses are at a continuous rate of 6% of premium plus 1 in all
For a continuous whole life insurance on (x) of 1000: i) Expenses are at a continuous rate of 6% of premium plus 1 in all years, plus an additional 50% of annual premium plus 10 incurred at the beginning of the first year. 0.22 ii) x ii) ?, = 0.1 iv) x = 19.5 v) Expense-loaded premiums are based on the equivalence principle Calculate the variance of the loss at issue 1000(019 (x)) For a continuous whole life insurance on (x) of 1000: i) Expenses are at a continuous rate of 6% of premium plus 1 in all years, plus an additional 50% of annual premium plus 10 incurred at the beginning of the first year. 0.22 ii) x ii) ?, = 0.1 iv) x = 19.5 v) Expense-loaded premiums are based on the equivalence principle Calculate the variance of the loss at issue 1000(019 (x))
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