Category: IC47A-1 CASUALTY ACTUARIAL SCIENCE PART 1 – 02

Que. 1 : Q1) Which triangle tracks the average amount reserved on open claims?    1.  a) Change in Average Open claims    2.  b) Average Open Claim Amount    3.  c) Open Claim Counts    4.  d) Average Closed Claim Que. 2 : Q2) If : Exposure Units = 97,531 Claim Count = 975, and Scale Factor = 1,000; Then : find Frequency per […]