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JamesLu JamesLu
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6 years ago
Which of the following statements about retrospective rating is true?
A) The premium for the current period is determined by the loss experience in prior periods.
B) The premium for the current period is determined by the loss experience during the current period.
C) The premium for future periods is determined by the average loss experience for the current and previous periods.
D) The premium for future periods is determined by the loss experience for the current period.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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6 years ago
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JamesLu Author
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#2
6 years ago
Thank you
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