Question: Use the loss distribution to answer question below. Liability Exposures Amount of Loss $8.000.000 SO Probability of Loss 2015 If the premium loading for the

Use the loss distribution to answer question below. Liability Exposures Amount

Use the loss distribution to answer question below. Liability Exposures Amount of Loss $8.000.000 SO Probability of Loss 2015 If the premium loading for the liability exposure is 35% of expected losses, what is the fair insurance premium for the liability exposure? (Don't be concerned with the time value of money.) $120.000 $135.000 $147.000 $162.000

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