Lcparga1

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Lcparga1
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  • Thank you. What do you mean by underlying value being insured? Like Car-years?

  • Thank you. Just so I understand, let's take a look at Exam 2012 Q14. Here, the expected loss ratio being rated is 70%. Correct?

    In order to apply Rule 8, the question would need an additional bullet point stating that the risk class has an…

    in Rule 8 Comment by Lcparga1 October 8
  • Is it possible that option A is also dubious with the way it's worded? Since the parabola is facing downwards, wouldn't we be adding a negative square of the logged building age? Though, the text on page 51 simply says "adding the square of the l…

  • Hi again - sorry, I think I wrote this discussion thread too early..!

    For questions b) and c), there was no mention of including the entry ratio's found in the table above, just the charges sequencing from 0% to 100% by 10%.

    I under…

    in Q13 Comment by Lcparga1 September 8
  • Sorry, I meant "ultimate losses instead of earned premium"

    in Q1a 2018 Comment by Lcparga1 August 30