View Single Post
  #4  
Old 09-04-2017, 10:21 AM
Ezea Ezea is offline
Member
SOA
 
Join Date: Dec 2015
Location: Texas
College: UTD Alumni
Favorite beer: Martin House Pretzel Stout
Posts: 81
Default

Quote:
Originally Posted by Gandalf View Post
Maybe you would think that if you focus on the words, but think about what makes sense. Why would you want to know the present value of Premiums plus expenses? But if you wanted to know the present value of what the insurer keeps from premiums and expenses (i.e,., its premium income after expenses), you would subtract the expenses.
It's so obvious now that it hurts. Thanks for your help!
__________________
ASA
GHCORU GHADV GHSPC
Reply With Quote
 
Page generated in 0.17993 seconds with 9 queries