Given the registry of the premiums of an insurance. company for years 2005, 2006, 2007 and...
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Given the registry of the premiums of an insurance. company for years 2005, 2006, 2007 and 2008. Cover Period Issue Date of the Receipt 1.2.05 1.5.05 1.8.05 1.2.06 1.4.06 1.10.06 1.1.07 1.3.07 1.11.07 1.1.08 1.7.08 1.10.08 From 1.2.05 1.5.05 1.8.05 1.2.06 1.4.06 1.10.06 1.1.07 1.3.07 1.11.07 1.1.08 1.7.08 1.10.08 Until Part III: General Insurance Mathematics 1.8.05 1.11.05 481 1.2.06 1.8.06 1.10.06 1.4.07 1.7.07 1.9.07 1.5.08 1.7.08 1.1.09 1.4.09 1.10.2007 -5% Receipt Amounts. (in €) 6.000 4.000 i) The extension of the "risk exposure" technique and ii) the method of the parallelogram. Comment and justify the unequal relation of the results above. 5.200 3.400 4.800 6.200 2.600 2.800 7.800 The insurance company (where the particular registry belongs) has followed. this policy of fluctuations in the individual premiums. Date : 1.12.2004 Increase / Decrease: +10% 6.000 2.800 4.000 Calculate the adjusted earned premiums per year for the time period. 1.1.2005 - 31.12.2008 with both methods 1.12.2007 +5% Given the registry of the premiums of an insurance. company for years 2005, 2006, 2007 and 2008. Cover Period Issue Date of the Receipt 1.2.05 1.5.05 1.8.05 1.2.06 1.4.06 1.10.06 1.1.07 1.3.07 1.11.07 1.1.08 1.7.08 1.10.08 From 1.2.05 1.5.05 1.8.05 1.2.06 1.4.06 1.10.06 1.1.07 1.3.07 1.11.07 1.1.08 1.7.08 1.10.08 Until Part III: General Insurance Mathematics 1.8.05 1.11.05 481 1.2.06 1.8.06 1.10.06 1.4.07 1.7.07 1.9.07 1.5.08 1.7.08 1.1.09 1.4.09 1.10.2007 -5% Receipt Amounts. (in €) 6.000 4.000 i) The extension of the "risk exposure" technique and ii) the method of the parallelogram. Comment and justify the unequal relation of the results above. 5.200 3.400 4.800 6.200 2.600 2.800 7.800 The insurance company (where the particular registry belongs) has followed. this policy of fluctuations in the individual premiums. Date : 1.12.2004 Increase / Decrease: +10% 6.000 2.800 4.000 Calculate the adjusted earned premiums per year for the time period. 1.1.2005 - 31.12.2008 with both methods 1.12.2007 +5%
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Answer To calculate the adjusted earned premiums per year for the period 11200531122008 using both the risk exposure technique and the method of the p... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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