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Given the following data and using the loss ratio method, calculate the indicted rate change. Incurred loss $1,200,000 Earned Premium $1,500,000 Expense provision, including profit
- Given the following data and using the loss ratio method, calculate the indicted rate change.
Incurred loss $1,200,000
Earned Premium $1,500,000
Expense provision, including profit & contingencies 25%
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Empirical Finance
Authors: Sardar M. N. Islam, Sethapong Watanapalachaikul
1st Edition
3790815519, 978-3790815511
