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Use both the tables to answer the questions below: Reminder: when comparing the frequency and severity of the two insurers, don't forget to account for
Use both the tables to answer the questions below: Reminder: when comparing the frequency and severity of the two insurers, don't forget to account for the different numbers of exposures in each company. 1. Calculate the frequency of the losses for both insurers (per 10,000 exposures): a. Insurer A: (\#\#\#.##) b. Insurer B: (#####) 2. Which Insurer (A or B) has a lower frequency (per 10,000 exposures)? Insurer (Enter "A" or "B") 3. Calculate the severity of the losses for both insurers (per 10,000 exposures): a. Insurer A: $ (\#\#\#.##) b. Insurer B: $ (\#\#\#.##) 4. Which insurer (A or B) has a lower severity (per 10,000 exposures)? Insurel (Enter "A" or "B") 5. Calculate the riskiness by frequency for both insurers (per 10,000 exposures): Answer to four decimal places, rounding up (.\#\#\#) a. Insurer A: (.#\#\#) b. Insurer B: (\#\#\#\#) 6. Which Insurer (A or B) has a lower riskiness by frequency. (per 10,000 exposures)? Insurer (Enter "A" or "B") 7. Calculate the riskiness by losses for both insurers (per 10,000 exposures): Answer to four decimal places, rounding up (.\#\#\#\#) a. Insurer A: (.\#\#\#) b. Insurer B: (.#\#\#\#) 8. Which Insurer (A or B) has a lower riskiness by losses (per 10,000 exposures)? Insurer (Enter "A" or "B") 9. Calculate the riskiness by severity for both insurers (per 10,000 exposures): Answer to four decimal places, rounding up (.\#\#\#\#) a. Insurer A: b. Insurer B: (.\#\#\#) 10. Which Insurer (A or B) has a lower riskiness by severity. (per 10,000 exposures)? Insurer (Enter "A" or "B")
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