L
Leala
Member
Could you apply the actual Loss ratio to the outstanding claims and the expected loss ratio to the claims reported to date or is there a reason for the way it's done in this question? i.e. maybe since the outstanding claims are set aside now , will have been done using the initial loss ratio, though then again, the claims to date, should have been done using this initial estimate also
can any one add some clarification to this for me - thanks a lot.
can any one add some clarification to this for me - thanks a lot.