Author: Jason Luckett, Actuarial Consultant & Sam Rhodes, Actuarial Analyst

Utilizing a Pure Loss Rating Matrix

When to Use a Pure Loss Rating Matrix When insureds are considering how to fund estimated liabilities for a future period, they will often use a loss projection and confidence interval to determine adequate funding. For company XYZ, Inc. projected workers compensation losses for the 2023 policy year can be seen below. XYZ. Inc.2023 Aggregate […]

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