Loss Component Under PAA
Are there any numerical examples for Battle Card 63 that would be a bit more difficult than the "easy" Excel problems?
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Are there any numerical examples for Battle Card 63 that would be a bit more difficult than the "easy" Excel problems?
Comments
You can check the sample Excel posted by the CAS that comes with the LRC paper
Thanks @Staff-T1, will do
In the calculation of FCF above, shouldn't there be a subtraction/deduction for Premium Receivable?
[Reference: CAS Sample Q17, Q18]
That's part of the UPR calculation (Prem Received + Premiums Receivable - Earned Premium)
I see, thanks for the prompt reply!