Category: IC47A-1 CASUALTY ACTUARIAL SCIENCE PART 1 – 01

Que. 1 Q1) If : Exposure Units = 50,524 Claim Count = 565, and Scale Factor = 2,000; Then : find Frequency per ‘k’ Exposure Units?    1.  a) 15.65    2.  b) 18.65    3.  c) 22.36    4.  d) 26.35 Que. 2 : Q2) The term case-incurred is used to distinguish the statistic from ____________, which include losses that have not yet been […]