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| rev | Admin | (Created page with "The midpoint of the experience period is 07/01/CY2 and the midpoint of the forecast period is the end of calendar year 3; hence, the trend factor equals 1.03<sup>1.5</sup> = 1.0453, the projected ultimate inflation adjusted losses for accident year 2 equals $1,410,000 and, given a stated rate increase of 10%, the projected loss ratio must equal 0.9353. If the projected loss ratio equals 0.9353, then the aggregate earned premium at current rates equals $1,507,538. The pro...") | Jul 25'24 at 19:59 | +700 |