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When estimating the loss reserves in car insurance, the ________________ is used to assign a loss value to each claim. This is because the individual
When estimating the loss reserves in car insurance, the ________________ is used to assign a loss value to each claim. This is because the individual loss amounts are insignificant while the number of claims is large.
a.
Judgment method
b.
Tabular method
c.
Average value method
d.
Loss ratio method
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