Hi Em,
In the first part of the solution, one of the points state that profit or loss can result if the basis for the estate investigation is done more frequently than the pricing assumptions. I'm not sure why other than the fact that doing the investigations more often means that any adverse (?) changes in experience would take longer to be corrected?
Thanks!
In the first part of the solution, one of the points state that profit or loss can result if the basis for the estate investigation is done more frequently than the pricing assumptions. I'm not sure why other than the fact that doing the investigations more often means that any adverse (?) changes in experience would take longer to be corrected?
Thanks!