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Pure Superior — that portion of the premium comparable to expected losings emptiness out-of insurer expenditures, superior taxes, contingencies, otherwise profit percentage.

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Licensed Actuary — someone who suits the basic education, experience and ongoing education criteria (such differ by-line off team) of one’s Particular Degree Practical getting Statements away from Actuarial Thoughts, NAIC Possessions and you can Casualty Annual Declaration, since the established in the Degree Standards for Actuaries Giving Comments out-of Actuarial Advice in the united states, promulgated from the Western Academy regarding Actuaries, and that is from inside the a beneficial reputation of brand new American Academy out-of Actuaries that has been approved because eligible for signing casualty losings set aside views by Casualty Habit Council of one’s Western Academy of Actuaries. Прочитать остальную часть записи »