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In developing rates, premium data must be adjusted for current rate level. Explain why this must be done. In developing rates, the loss data must
- In developing rates, premium data must be adjusted for current rate level. Explain why this must be done.
- In developing rates, the loss data must be adjusted for future development. Explain why this should be done.
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There are 3 Steps involved in it
Step: 1
1 Adjusting Premium Data for Current Rate Level Premium data which reflects the amount of money collected from policyholders in exchange for insurance ...
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Step: 2
Step: 3
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
