Premium changes and loss ratios

Discussion in 'SP8' started by jonathans, Mar 3, 2017.

  1. jonathans

    jonathans Member

    Why did they apply the rate changes of 2010 to the 2008 loss ratio?

    Is this because they want to bring all the premiums to 2011? how it that to be understood from the question?

    S 2011 Q7 part ii
    upload_2017-3-3_23-44-44.png

    upload_2017-3-3_23-44-27.png
     
  2. Hemant Rupani

    Hemant Rupani Senior Member

    Yes! Because, Valuation as-at-2011(loss ratio for a 2011 rating environment) needed.
     
    jonathans likes this.

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