Actuarial Outpost
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Property - Casualty / General Insurance
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

Thread Tools Search this Thread Display Modes
Old 11-05-2019, 12:50 AM
calculusjunkie calculusjunkie is offline
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.

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..
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -4. The time now is 08:22 PM.

Powered by vBulletin®
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.16923 seconds with 11 queries