Werner14.Implementation

BattleTable

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

• base rate - calculating the appropriate base rate to be implemented with a rate change
• territorial relativities calculating territorial relativities to be implemented with a rate change
• non-pricing solutions - bringing the Fundamental Insurance Equation into balance

reference	part (a)	part (b)	part (c)	part (d)
E (2018.Fall #12)	PP method (adjusted) - see Chapter 9 - Adj. PP	base rate - calculate	rating variable criteria - see social criteria
E (2017.Fall #13)	territorial relativities - calculate
E (2017.Spring #10)	U/W profit - calculate	base rate - calculate	base rate - evaluate mgmt suggestion
E (2016.Spring #12)	change in premium - calculate average	change in premium - distortion	non-pricing solutions - for inadequate rates
E (2015.Fall #9)	territorial relativities - revenue-neutral change	territorial relativities - evaluate impact
E (2015.Fall #11)	base rate - calculate (see here)
E (2015.Spring #10)	territorial relativities - calculate	non-pricing solutions - for inadequate rates
E (2014.Spring #10)	deviation from indicated - 3 reasons	non-pricing solutions - for inadequate rates	base rate - calculate
E (2013.Fall #9)	territorial relativities - calculate
E (2013.Spring #14)	capping rates - identify issues	capping rates - reasons for