Abstract
Theoretically the problem of compensation rates does not differ from that of rates in many other forms of insurance. The formula for premiums in any classification appears as [formula] any loading for commissions and expenses agreed upon or found necessary. There is only one difficulty about this formula--we do not know the numerator of this fraction, under which condition it is not quite an easy matter to compute its value.
Volume
I
Page
10-23
Year
1914
Categories
Actuarial Applications and Methodologies
Ratemaking
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society
