Chapter 15: Section 2.5 [2011]

Discussion in 'SP8' started by jensen, Nov 20, 2011.

  1. jensen

    jensen Member

    Hi

    Just between formula 2.4 and subsection 'Treatment of inuring reinsurances', the core reading text says that:

    .. C represents loss for the original risk (no longer ground-up) ..

    Does this means that C represents the loss cost, net of deductible d?

    Thanks.
     
  2. Ian Senator

    Ian Senator ActEd Tutor Staff Member

    That's right.
     

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