Question: 5 Points 12. Given the following data and using the pure premium rate making method calculate the insurance rate. Incurred Loss $18.500 000 Earned Exposure

5 Points 12. Given the following data and using the pure

5 Points 12. Given the following data and using the pure premium rate making method calculate the insurance rate. Incurred Loss $18.500 000 Earned Exposure Units 65 212 Loss Ratio 63,8% Fixed Expenses per Exposure unit Profit & Contingencies Factor

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