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You are the Risk Manager for a real estate property management company in Canada with buildings in all ten provinces. The 1 0 Managers of

You are the Risk Manager for a real estate property management company in Canada with buildings in all ten provinces. The 10 Managers of Operations for each of the provinces are now starting to complain about the Hazard Premium Allocation Strategy currently in place - they want a complete overhaul of the Hazard Premium Allocation Strategy that will consider the actual experience for the buildings in each of the ten provinces. The provinces with no losses want a large discount. The locations with losses do not want to pay any more money for insurance. The premiums and allocations have been exactly the same for the last ten years. You realize that you will need to charge more money for some provinces and less for others - some managers will be happy and others will not be happy.
\table[[City,\table[[Property Ins],[Limit]],\table[[Liability Ins],[Limit]],\table[[Current],[Premium],[Allocation]],\table[[Property],[Losses -],[last 10],[years]],\table[[Liability],[Losses],[Last 10],[years]]],[Vancouver,\table[[$10,000,000
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