You should call someone at Zurich Canada (Dave Oakden) as this
computation is part of the stat requirements in Canada.
KPMG Peat Marwick
>Subject: Premium Deficiency Reserves
>Date: Thu, 23 Jul 1998 10:11:14 +0200
>I have recently calculated the deficiency in the unearned premium
>but in a rough way I feel. The only guidance I have found on this
>a single paragraph in the Part 7 accounting book. Has anyone done this
>calculation, and is there a source in the actuarial or accounting
>literature which provides guidance? Any tips would be appreciated.
>Visit the CAS Web Site at http://www.casact.org
>To subscribe or unsubscribe from CASNET:
>Send an e-mail to firstname.lastname@example.org
>Type in the body join casnet to subscribe
>or leave casnet to unsubscribe.
-- Andre Perez, FCAS FCIAAssociate & Consulting Actuary(441) 295-5063 x316
--The information in this email is confidential and may be legally privileged. It is intended solely for the addressee. Access to this email by anyone else is unauthorised. If you are not the intended recipient, any disclosure, copying, distribution or any action taken or omitted to be taken in reliance on it, is prohibited and may be unlawful.
When addressed to our clients any opinions or advice contained in this email are subject to the terms and conditions expressed in the governing client engagement letter.
Visit the CAS Web Site at http://www.casact.org===============================================To subscribe or unsubscribe from CASNET:Send an e-mail to email@example.comType in the body join casnet to subscribeor leave casnet to unsubscribe.