The insurer must estimate in advance the mortality and the interest that will be earned on policyholders

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The insurer must estimate in advance the mortality and the interest that will be earned on policyholders’ premiums.

How do insurers attempt to guard against deviations from these estimates?

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Fundamentals Of Risk And Insurance

ISBN: 978-1118534007

11th Edition

Authors: Emmett J. Vaughan ,Therese M. Vaughan

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