Ming is the chief actuary at ABC Insurance and a CPCU. Ming has developed a new method for calculating incurred but not reported losses (IBNR). He has tested the method over a number of years and has found it to be much more accurate than the traditional method used by most actuaries. Because the new method gives Ming more confidence in the accuracy of his rate-making data, it allows ABC to charge lower rates than its competitors. This in turn gives ABC a marketing advantage. Which one of the following best describes Ming's obligations under Canon 5 of the Code of Professional Ethics regarding raising the professional standards of the insurance profession? Select one: 

A. The new IBNR calculation method constitutes a trade secret and Ming is under no obligation to divulge it. 

B. Because the new method could benefit consumers in terms of lower rates, Ming is required to share it with other insurers. 

C. Ming should write a professional article in an actuarial trade journal describing the new IBNR calculation method. 

D. Canon 5 specifically prohibits CPCUs from divulging information about their employers' business practices

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