Bernadette Pieterse
Active Member
Hi everyone,
For the Net Premium Reserves:
1) Should you calculate your net premium using the reserving basis and not the premium basis used to calculate the actual (gross premium)?
2) Should you include past bonuses when calculating the reserve and ignore future bonuses (including terminal bonuses)?
Thanks!
For the Net Premium Reserves:
1) Should you calculate your net premium using the reserving basis and not the premium basis used to calculate the actual (gross premium)?
2) Should you include past bonuses when calculating the reserve and ignore future bonuses (including terminal bonuses)?
Thanks!