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Spring Meeting Workshops

WS-3 - Introduction to Ratemaking [Separate Registration Required]

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This session on basic ratemaking offers a comprehensive dive into the fundamental topics and methodologies required to understand how property and casualty insurance rates are determined.

Learning Objectives:

  • List and describe the components necessary to create a rate level indication.
  • Create a rate level indication using the necessary components and various adjustments to the components.
  • Identify other considerations when proposing a rate level change to the insurance company senior management.