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Reading: BASIC RATEMAKING, Fifth Edition, May 2016, Geoff Werner, FCAS, MAAA & Claudine Modlin, FCAS, MAAA Willis Towers Watson
Appendix A: Auto Indication
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Alice's Pro-Tip: Appendix A is review of how to do a Loss Ratio Indication. There is no new material here. |
Forum Studying Appendix A might be good for increasing your overall understanding of Loss Ratio Indications, but it probably won't help you with exam questions. There are already plenty of old exam questions from the main part of Werner for practice. There are also many web-based practice problems that cover individual steps of a loss ratio indication.
Estimate study time: your choice, but not more than 1 day
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There have been no past exam questions specifically on Appendix A.
reference part (a) part (b) part (c) part (d)
In Plain English!
Appendix A is 21 pages altogether:
- pages 1-6 provide a verbal explanation of the numerical exhibits
- pages 7-21 are the numerical exhibits
Please refer to the Werner source text for the details.