InstantForum.NET v4.1.4ActuaryForum.comhttp://actuaryforum.com/info@nasearchg.comWed, 20 Aug 2008 09:09:25 GMT20http://actuaryforum.com/Topic532-26-1.aspx<P>hi, i have an actuarial question for you,</P><P>say the loss ratio is calculated at 30/09/2002and in the yr 2002</P><P>the loss ratio is incurred loss divided by Earned premium</P><P>Incurred losses are: Claims paid + change in outstanding claims. Should surrendered values under endowment policies be counted as claims?. <BR><BR>Earned premium are=<BR>1- Net premiums paid until 30/09/2002?<BR>2- Since some of the claims have their premiums paid in the prior year, should the net premium be = to net premium as from 30/09/01 up to 30/09/2002?<BR>3- Written premium for year 2002 (written premium = gross premium) + unearned premium reserves for premiums issued from 01/10/2001 to 31/12/2001?<BR>If yes, should we calculate the unearned premium reserves under gross premium basis?<BR>??..ok thanks,,byee</P>Fri, 18 Mar 2005 14:00:00 GMTFrank Petersonhttp://actuaryforum.com/Topic532-26-1.aspxwow. i come back after a few days, and the volume of this forum has really gone up. what a wonderful website. i can only imagine what it will be like in a few months. watch out actuary.ca, here comes actuaryforum!Fri, 18 Mar 2005 13:57:10 GMTmadame butterfly