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| rev | Admin | (Created page with "We recall the fundamental insurance equation equals <math display = "block"> P = L + E_V + E_F + Q\cdot P. </math> Dividing by the exposure, we obtain <math display = "block"> 750 = \overline{L} + 750V + 50 + 750Q . </math> The projected pure premium, <math>\overline{L}</math>, equals $550 multiplied by the trend factor. The forecast period is the next two calendar years, so the trend factor equals 1.04 and the projected pure premium equals $572. Similarly, the proje...") | Jul 25'24 at 19:34 | +786 |