HI Guys,
Could you suggest that claims history is independent of the exposure?
For example if you had the claims history for each year and seen that it was pretty stable. However The exposure metrics used increases by sat 5% a year.
Any insight may help:tup:
Could you suggest that claims history is independent of the exposure?
For example if you had the claims history for each year and seen that it was pretty stable. However The exposure metrics used increases by sat 5% a year.
Any insight may help:tup:
General Pricing Question
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