Dear all I have a question regarding price optimisation. In the ST8 CMP Chapter 13 page 13 states that: "Insurers can optimise the total profit by accepting a lower profit margin on individual policies in return for a higher total business volume." As I understand, this involves simultaneous management of retention levels, volumes of business expected to acquire, product mix, and probably some other important parameters. Can anyone point to literature or other sources which highlight these issues in greater details? Many thanks in advance, Andrey
