Question: An insurer's cumulative paid losses for accident year 20X1 are as follows: Year-End 20X1 Year-End 20X2 Year-End 20X3 Year-End 20X4 Year-End 20X5 20X1 $200,000 $350,000

An insurer's cumulative paid losses for accident year 20X1 are as follows: Year-End 20X1 Year-End 20X2 Year-End 20X3 Year-End 20X4 Year-End 20X5 20X1 $200,000 $350,000 $420,000 $400,000 $400,000 Which one of the following represents the age-to-age factor from 12 months to 24 months? Available answer options Select only one option A 1.05 B 1.20 C 1.75 D 2.0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!