Brockmeire premium trend
Gary_Kang@amig.com
Thu, 4 Feb 1999 14:23:29 -0500
One year beyond the effective date is combined by two different six months
period. The first six month period comes from the midpoint (average date)
of effective period of the new rate. (This new rate is effective for one
year.) And the second six month period comes from the midpoint (average
date) of effective period of the policy. (The policy is one year policy)
I give you an example. If an effective period of the new indication is one
year and the policy is expired on every six months, the end point of trend
period is nine month beyond the effective date.
Is it helpful?