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Old 04-23-2009, 10:38 AM
pug pug is offline
Join Date: Sep 2006
Posts: 44

Originally Posted by Hussain Raza View Post
I remember 6C talked about some addition/deletion of rating factors.. I simply said that the breed factor table should be deleted as the data wasn't credible to be used for our analysis..

For 6a and 6b, i did the same thing except that i talked about the inflation factor..

P.S: I haven't got my result yet..
Thanks! Good luck on your FA result!
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Old 04-25-2009, 02:06 PM
kjoo1205 kjoo1205 is offline
Join Date: Feb 2009
College: Waterloo
Posts: 11

Originally Posted by Bdog View Post
I agree they don't show the trend assumption in Tab6.

To answer 6D: Maybe it's not sufficient to evaluate the trend assumption because in Years 1-3 we used vet supplied data, with 200 - 4,000 dogs each year. Now, after a year of operations we have 80,000 dogs, and the summary for question 6 says we have "high quality, credible experience". I'm guessing it's not an entirely apples:apples comparison to say $23.70 (Year 4 - good data) / $19.68 (Year 3 - suspect vet data) = 20% trend.

How about underwriting effect?
The vet suppied data and the company experience may different if there is a strict underwritng criteria..

How do you guys think?
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Old 05-03-2009, 11:44 AM
tenthring tenthring is offline
Join Date: Aug 2007
Posts: 6,172

I assumed that trend was included in our baseline PMPM used to price the policies being issued for the following year. Otherwise our baseline PMPM assumption would have been underpriced.

So yes like the other posted I assume we are looking at an A/E.
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final assessment, task 6

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