Risk Factors table p.32
Hi,
On p. 32 of source text there's table with different risk factors for Net Liability for Incurred Claims depending on LOB.
I would think it's not necessary for us to know since we most likely need an average risk factor which i think will be given (calculation of it is not described).
But just wanted to double check if my thinking is correct.
Thank you!
Comments
Yes, you wouldn't be expected to memorize specific risk factors. They would give you those on the exam.