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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
- calculate
PP method
- calculate rate change
E (2014.Fall #5) PP method:
- loss & LAE provision
E (2013.Fall #8) PP method
- calculate rate change

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