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QUESTION 24 Takaful wishes to adjust their rates for next year, they calculate that the expected loss rabo s 0.78, while the data shows that

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QUESTION 24 Takaful wishes to adjust their rates for next year, they calculate that the expected loss rabo s 0.78, while the data shows that the loss adjustment expenses in 609 and the tot premium earning is 1062. The company's current ratei s 58. Using the experience rating method what will the new pnmums be if the credbty factor is 0.30

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