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revAdmin (Created page with "Inflated adjusted projected ultimate losses for accident year 1 equals $1,500,000 multiplied by the loss trend factor. The midpoint of the experience period is 07/01/CY1 and the midpoint of the forecasting period is 08/01/CY3; hence, the trend factor equals 1.035 <sup>25/12 </sup> = 1.0743 and the Inflated adjusted projected ultimate losses for accident year 1 equals $1,611,450. According to the loss ratio method, the indicated rate change factor equals <math display =...")Jul 25'24 at 19:45+806