Question about the step-by-step process table

tiffany1994tiffany1994
in Klann.ReinsComm

I have a question regarding the step 3c of the table:
The formula for reRgross = pRgross * (1 + incr. in reinsurer's carried) * qs% +rePgross

I don't understand why there's the rePRgross at the end within the reinsurance reserves, shouldn't the first part of the formula is already equal to reRgross?

Thank you!

Comments

  • grahamgraham

    Yes, that's a typo. That extra rePgross on the end shouldn't be there. I have made the correction in the wiki. Thanks!

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