Difference between revisions of "Werner08.Indication"

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(BattleTable)
(BattleTable)
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* fact B...
 
* fact B...
  
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! style='width: 175px;' | reference !! style='width: 175px;' | part (a) !! style='width: 175px;' | part (b) !! style='width: 175px;' | part (c) !! part (d)
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! style='width: 175px;' | reference !! style='width: 175px;' | part (a) !! style='width: 175px;' | part (b) !! style='width: 175px;' | part (c)
  
 
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|| '''calculate:''' <br> - indicated rate change
 
|| '''calculate:''' <br> - indicated rate change
 
|| '''reasons for:''' <br> - not taking full indication
 
|| '''reasons for:''' <br> - not taking full indication
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|| '''calculate:''' <br> - U/W profit provision  
 
|| '''calculate:''' <br> - U/W profit provision  
 
|| '''reasons for:''' <br> - variations in U/W profit
 
|| '''reasons for:''' <br> - variations in U/W profit
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|| '''calculate:''' <br> - indicated rate change
 
|| '''calculate:''' <br> - indicated rate change
 
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|| '''calculate:''' <br> - indicated rate change
 
|| '''calculate:''' <br> - indicated rate change
 
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|| '''calculate:''' <br> - on-level loss ratio
 
|| '''calculate:''' <br> - on-level loss ratio
 
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|| '''reasons for:''' <br> - profit & contingency provision
 
|| '''reasons for:''' <br> - profit & contingency provision
 
|| '''methods:''' <br> - pure premium vs loss ratio
 
|| '''methods:''' <br> - pure premium vs loss ratio
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|| '''calculate:''' <br> - indicated rate change
 
|| '''calculate:''' <br> - indicated rate change
 
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|| '''calculate:''' <br> - indicated average rate
 
|| '''calculate:''' <br> - indicated average rate
 
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|| '''calculate:''' <br> - indicated rate change
 
|| '''calculate:''' <br> - indicated rate change
 
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|| '''calculate:''' <br> - indicated rate change
 
|| '''calculate:''' <br> - indicated rate change
 
|| '''assess:''' <br> - complement of credibility
 
|| '''assess:''' <br> - complement of credibility
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|| '''evaluate:''' <br> exposure base criteria
 
|| '''evaluate:''' <br> exposure base criteria
 
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|| '''recommend improvements:''' <br> - to rate indication
 
|| '''recommend improvements:''' <br> - to rate indication
 
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|| '''calculate:''' <br> - indicated rate change
 
|| '''calculate:''' <br> - indicated rate change
 
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Revision as of 13:29, 24 July 2019


Study Tips

BattleTable

Based on past exams, the main things you need to know (in rough order of importance) are:

  • fact A...
  • fact B...
reference part (a) part (b) part (c)
E (2017.Spring #5)
E (2017.Spring #13) calculate:
- ultimate loss (capped)
calculate:
- indicated rate change
reasons for:
- not taking full indication
E (2016.Fall #7) calculate:
- U/W profit provision
reasons for:
- variations in U/W profit
E (2016.Fall #8) calculate:
- indicated rate change
E (2016.Fall #9) calculate:
- indicated rate change
E (2016.Spring #1) calculate:
- on-level loss ratio
E (2016.Spring #6) calculate:
- indicated rate change
reasons for:
- profit & contingency provision
methods:
- pure premium vs loss ratio
E (2016.Spring #8) calculate:
- indicated rate change
E (2015.Spring #9) calculate:
- indicated average rate
E (2014.Fall #7) calculate:
- indicated rate change
E (2014.Spring #5) calculate:
- indicated rate change
assess:
- complement of credibility
E (2013.Fall #4) evaluate:
exposure base criteria
E (2013.Spring #3) recommend improvements:
- to rate indication
E (2013.Spring #5) calculate:
- indicated rate change

In Plain English!

POP QUIZ ANSWERS