PDA

View Full Version : Reinsurance text chpt 4

teapeaexcueexplustea
02-17-2008, 05:27 PM
On page 87, how do they come up with the NAR of $991 in the second year?
AG
02-18-2008, 11:06 PM
I don't have the text in front of me, but try looking back at given information at the beginning of the chapter. Wasn't the reserve per thousand something like $8.97/thousand? 991 = 1000 - 8.97.
teapeaexcueexplustea
02-19-2008, 06:23 AM
I don't have the text in front of me, but try looking back at given information at the beginning of the chapter. Wasn't the reserve per thousand something like $8.97/thousand? 991 = 1000 - 8.97.

Yep, I figured it out too. Thank you though :) So much info in that chapter.


And yes, Chapter 5 is waaaay worse!
wat?
02-19-2008, 03:17 PM
I don't have the text in front of me, but try looking back at given information at the beginning of the chapter. Wasn't the reserve per thousand something like $8.97/thousand? 991 = 1000 - 8.97.

You have that memorized? :yikes:
AG
02-19-2008, 04:50 PM
You have that memorized? :yikes:
Was it 8.97?? I struggled with that for an hour, so yes, I remember it well. Didn't think it was that well...