Category: IC47A-1 CASUALTY ACTUARIAL SCIENCE PART 1 – 15

Que. 1 : Q1) Which policies cover the losses(or losses and ALAE, depending on policy definitions) paid during the policy period, regardless of the associated occurrence or claim report dates if these dates are after the appropriate retroactive dates?    1.  a) Claims-made policies    2.  b) Claims-paid policies    3.      4.   Que. 2 : Q2) The correlation coefficient between two variables […]