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Old 03-30-2018, 04:12 PM
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Carol Marler
Non-Actuary
 
Join Date: Sep 2001
Location: Back home again in Indiana
Studying for Nothing actuarial.
Posts: 37,445
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Quote:
Originally Posted by Vorian Atreides View Post
The key is that if you're counting it for frequency, you need to count it for severity.
Thanks. That's where my mind went.
This makes more sense than including it one place and excluding it in the other. And why early answers said how to do severity depends on how you do frequency. However you do it, you need to be consistent. Even I, as a non-actuary, could see that.
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