RE: Brockmeier Trend Period

Lietz,Monika ( (no email) )
Thu, 4 Feb 1999 13:03:48 -0600

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I think it has to do with the fact that one policy period spans 2 calendar
years (or 2 accident years). If new rates are effective 1/1/98 to 12/31/98,
the last policy that can be written under those rates is a 12/31/98 to
12/30/99. Therefore you're looking at a period 1/1/98 through 12/30/99.
The midpoint of that is 1/1/99.

> -----Original Message-----
> From: Kathryn Herzog [SMTP:busdriver@pop.ne.mediaone.net]
> Sent: Thursday, February 04, 1999 12:13 PM
> To: studygroup6@lists.casact.org
> Subject: Brockmeier Trend Period
>
> Is anyone out there confused by why Brockmeier trends premiums to one
> year beyond the effective date of the new rates and not to the midpoint
> of the period when the new rates are to be in effect?
>
> I am.
>
> -Kathryn

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RE: Brockmeier Trend Period

I think it has to do =with the fact that one policy period spans 2 calendar years (or 2 =accident years).  If new rates are effective 1/1/98 to 12/31/98, =the last policy that can be written under those rates is a 12/31/98 to =12/30/99.  Therefore you're looking at a period 1/1/98 through =12/30/99.  The midpoint of that is 1/1/99.

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