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Reading: BASIC RATEMAKING, Fifth Edition, May 2016, Geoff Werner, FCAS, MAAA & Claudine Modlin, FCAS, MAAA Willis Towers Watson
Appendix B: Homeowners Indication
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Alice's Mega-Pro-Tip: Appendix B is an example of a Pure Premium Indication but it contains new material not covered in the main chapters of Werner. |
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) part (d) E (2015.Fall #7) ultimate loss
- calculatePP method
- calculate rate changeE (2014.Fall #5) PP method:
- loss & LAE provisionE (2013.Fall #8) PP method
- calculate rate change