Abstract
The purpose of the seminar that you have been attending is essential: to provide an overview of total rate of return methodologies so that actuaries will be better able to understand how those methodologies relate to pricing.
It is not my intent to engage in an analysis of the methodology, other than to observe that the implications of its application to a free market system are overwhelming.
It is my intent to discuss the politics of state insurance regulation that created and drive that methodology.
Profit Factor, Rate of Return, Risk
Volume
Fall
Page
173-186
Year
1991
Categories
Actuarial Applications and Methodologies
Ratemaking
Trend and Loss Development
Required Profit
Actuarial Applications and Methodologies
Regulation and Law
Rate Regulation
Financial and Statistical Methods
Risk Pricing and Risk Evaluation Models
Publications
Casualty Actuarial Society E-Forum
