Question
a.
Claims Paid Direct / Net Premium
b.
(Claims Paid Direct + Claims on Reinsurance Accepted) / Net Premium
c.
(Claims Paid Direct - Claims on Reinsurance Ceded) / Net Premium
d.
(Claims Paid Direct - OS Claims at the end of the year) / (OS claims at the beginning of the year)
Posted under IC 89 Management Accounting
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Q. How is the Incurred Claim Ratio calculated in non-life insurance companies?
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