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Old 11-05-2019, 12:50 AM
calculusjunkie calculusjunkie is offline
CAS SOA
 
Join Date: Mar 2014
College: University of Illinois, undergrad
Posts: 23
Default Quarterly Premium Trend on 12 Month Policies

Hello Everyone,

I am being asked to calculate the quarterly on level factors to develop quarterly earned premium trends on 12 month policies. I have used the parallelogram method to calculate the yearly and quarterly on-level factors. When estimating the quarterly factors I brought the rate changes to the equivalent quarter rate. To reconcile the quarterly calculations with the yearly ones, I rolled up the quarterly factors to the yearly level to compare with the yearly calculations. Is this the right approach to take when estimating quarterly on level earned premium? I am new to the process so I just need to understand if what I am doing is correct.

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I have figured out what the issue was in my calculations. If anyone is interested I can share.

Last edited by calculusjunkie; 11-06-2019 at 07:29 PM..
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