Actuarial Pricing

Disscuss with fellow Actuarial forum members about what is being asked in Actuarial Interviews
Post Reply
User avatar
Site Admin
Posts: 278
Joined: 06 Oct 2017, 11:19
Status: Offline

22 Dec 2017, 21:35

The premium rates set by insurance companies involve calculation methods that incorporate the costs of insuring a person or business while generating some sort of profit in the process. Insurance pricing methods can vary in terms of the types of variables considered when determining pricing rates. Methods used may consider risk factors, probability factors and individual claims histories depending on the type of insurance involved.
Mayank Goyal

Post Reply