Hi, please help with Q1-4 :

To develop an actuarial risk model for a small insurance company and to evaluate your model. Background A small general insurance company in New Zealand has contacted you, a consulting actuary. They are planning to expand their lines of business and they are looking for a method to set an objective standard, using sound actuarial principles, to manage their business risk over the next 10 years. You should prepare a report for your client that includes the following: Project Report and Questions for Discussion 1. 2. 3. {10%) Studying the claim distribution and claim probability, expected total [r-'99:\" {10%) Making a business plan, choosing a product lines, setting up the deductible or payout formula. {10%) Collecting claim data. claims and risk. {10%) Determining the loaded premiums. (20%} Analyzing the risk of the business. {10%) Analyzing any reinsurance possibilities. {20%} Summary and discussion of your model. {10%} Submitting the report, typed 110 pages, with independent and detailed discussion and explanation of your work, including how all mathematical values were calculated or estimated