2013 April Past Paper

Discussion in 'CP1' started by omurice, Sep 7, 2020.

  1. omurice

    omurice Active Member

    Hi,

    Regarding the answers for question 6(iii) from Paper 1 April 2013, would like to ask what are the differences in the approaches to apply loadings to the premium rates? Seems like one is just adding on the loading directly on the premium rates, and one is adding onto the mortality rates itself?

    Thanks a lot in advance!
     
  2. Lindsay Smitherman

    Lindsay Smitherman ActEd Tutor Staff Member

    Yes, your interpretation is correct
     
    omurice likes this.

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