2013 19a

How earned premium fraction is calculated?

Comments

  • The rule-of-24s method of earning is an Exam 5 topic. Generally, Exam 6 expects candidates to be familiar with the material on the preceding exams, including Exam 5. It is not quite reasonable to expect one to remember everything from a prior exam. But in this case, I believe the comment on the error in earning was only one of the acceptable answers.

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