Question: From the claims data below, calculate the year 7 Bhlmann credibility premiums for each of the three contracts. Contract 5 Years 1 2 3 4

From the claims data below, calculate the year 7 Bhlmann credibility

From the claims data below, calculate the year 7 Bhlmann credibility premiums for each of the three contracts. Contract 5 Years 1 2 3 4 2 2 3 1 3 3 1 2 1 1 6 1 5 2 3 3 4 1 2 4 1 0 (a) Next year premium for contract 1. (b) Next year premium for contract 2. (c) Next year premium for contract 3. From the claims data below, calculate the year 7 Bhlmann credibility premiums for each of the three contracts. Contract 5 Years 1 2 3 4 2 2 3 1 3 3 1 2 1 1 6 1 5 2 3 3 4 1 2 4 1 0 (a) Next year premium for contract 1. (b) Next year premium for contract 2. (c) Next year premium for contract 3

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