Q 21
Is it likely that they would give a range of ultimate loss instead of reserves in this sort of question on SAO? I missed the words "ultimate loss" and assumed it was reserves since I thought the actuary just opines on reserves.
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Is it likely that they would give a range of ultimate loss instead of reserves in this sort of question on SAO? I missed the words "ultimate loss" and assumed it was reserves since I thought the actuary just opines on reserves.
Comments
I believe that question is based on 2016 Fall Q20
Thanks!
Yup! Thanks @AdamDougall