📘 insurance mathematics

1. **State the problem:** Calculate the impact of inflation on the reserves for contents-only insurance using cumulative paid amounts, closed claim counts, and projected future cla

1. **Problem Statement:** The Intrepid Insurance Company writes 25% of a risk with a sum insured of 4,000,000. It has an 80% quota share treaty, a gross retention of 500,000, and a

1. **Problem Statement:** Calculate the average profit or loss percentage for the reinsurer under a 20% commission treaty based on the given yearly premiums and claims.

1. The problem asks why the premium for Class 3 occupation is higher than for Class 1 and Class 2 in personal accident insurance. 2. The premium depends on the risk level associate