Member Bonus: Rate Making
#Educational
#Educational
Rate making is the process of assessing adequate premium levels – but the big challenge is that premiums are obviously collected before losses occur. How much should be charged in today’s premiums for tomorrow’s unknown losses? This one-hour webinar provides you with clarification and a refresher of the key concepts related to this high-interest topic. At the end of this webinar, you will be able to explain the purpose of rate making in the broader context of calculating premiums based on risk, explain how quantitative and quantitative date is used to make a rate (ie. calculate the rate) and escribe how the rate is used to calculate premiums CE hours: 1 Technical SEMINAR CANCELLATION POLICY No refunds. Credit notes only issued with 48 hour advanced written notice. QUESTIONS? Contact gtaseminars@insuranceinstitute.ca
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