abarron8253 abarron8253

28-05-2024
Business

Answered

Which one of the following statements is true regarding loss trend analysis?
A. Historical loss frequency is usually a better indicator of future loss experience than severity.
B. The current year's losses are the best indication of future loss experience.
C. Loss severity is usually more controllable by the applicant than loss frequency.
D. Historical premiums and losses are needed for loss trend analysis.

Answer :

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