DAC - Subj G april 1998 Paper 1 Q21

Discussion in 'ST3' started by Leala, Sep 8, 2008.

  1. Leala

    Leala Member

    Could anyone let me know where does the DAC figure comes from?

    Thanks a lot
     
  2. It's just the appropriate % of the UPR as given in the question. i.e. 10%, 10% and 15% for Co's A, B and C respectively.
    (Presumably you've assumed the UPRs to be half of the previous year's written premiums.)
     

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