Calculate the actuarial gain/loss realized during 1991 as a result of
loss reserve development.
earned premium ay1991 15000; ay prior to 1991 0.
investment income on unearned premium ay1991 1000; ay prior to 1991 0.;
investment income on loss reserves ay1991 500; ay prior to 1991 2000.;
claim payments ay1991 3000; ay prior to 1991 5000;
loss reserves 12/31/90 ay 1991 0; ay prior to 1991 30000;
loss reserves as of 12/31/91 ay1991 7000; ay prior to 1991 28000;
incurred expenses (+lae) ay1991 4500; ay prior to 1991 900.
thanks for your help
bill g
billg799@yahoo.com
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