Rmin4000 final exam - Study guides, Class notes & Summaries

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RMIN4000 FINAL A Grade exam Questions and Answers with complete
  • RMIN4000 FINAL A Grade exam Questions and Answers with complete

  • Exam (elaborations) • 81 pages • 2024
  • 1. Lannister Insurance Company insures 200,000 vehicles. In 2019, they paid a total of $136,000,000 in collision losses to the owners of 16,000 of those vehi- cles. What was Lannister's collision loss frequency in 2019?: Ans- 0.08 (16k/200k) 2. Lannister Insurance Company insures 200,000 vehicles. In 2019, they paid a total of $136,000,000 in collision losses to the owners of 16,000 of those ve- hicles. What was Lannister's collision loss severity in 2019?: Ans- 8500 (136M/16K) 3. Michae...
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