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Which one of the following is considered a weakness of the Bornhuetter-Ferguson method of loss reserving? Available answer options Select only one option A The
Which one of the following is considered a weakness of the Bornhuetter-Ferguson method of loss reserving? Available answer options Select only one option A The assumption that the historical pattern of development will continue into the future B The use of bulk reserving for expense estimates C The level of subjectivity involved in selecting incurred but not reported (IBNR) factors D The use of judgmental weights for different types of insurance
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