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revAdmin (Created page with "An insurer is considering a rate change for semi-annual policies that will be written from 08/01/CY5 to 07/31/CY6. The experience period used to determine the rate change is policy year 1. If loss cost inflation is 4% per year, what is the trend factor ? <ul style="list-style-type:upper-alpha" class="d-none"> <li>1.17 </li> <li>1.1853</li> <li>1.1867</li> <li>1.201</li> <li>1.2167</li> </ul>")Jul 25'24 at 19:26+395