Why should we use the acpc? Is there a difference in trying to project expected number of claims and expected claims cost separately and projecting the acpc?
Specifically, I am unable to find out te mistake I'm making in using
Exposure * avg freq/ exposure * avg cost / exposure??
The answer is way off the mark
Would you pls explain the meaning of gross and net in part (ii)??
((
Last edited by a moderator: Apr 2, 2015