Question
What is the primary purpose of a "burning cost"
analysis?Solution
The correct answer is C. To estimate future claims costs based on past experience. Burning cost analysis examines past claims data to project future claim costs, helping insurers to more accurately price their products.
- In the following expression: A ? B @ C $ D # E. What should come in the place of the question mark (?), to establish that A is the father of B?
Which of the following can be the correct conclusion drawn from the expression?
‘R + S % T $ U @ V’?
If ‘L * N @ O × P % O × M @ Q’ is true then how is Q related to O if Q is female?
If 'A + B' means that A is the brother of B, 'A X B' means that A is the daughter of B, 'A ÷ B' means that A is the father of B, then which of the foll...
In expression ‘S & T $ U # V @ W & Y $ Z’ how is Z related to U?
Statements: T ≥ S > H = O, R ≥ M > H
Conclusions : I. S > M II. R > O
How is S related to Q in the expression “P – Q % R X S?
If ' Y $ I @ W, I # T % S, I % P' , then how is Y related to S?
If 'A + B' means that A is the brother of B, 'A X B' means that A is the daughter of B, 'A ÷ B' means that A is the father of B, then which of the fol...
If 'A # B' means A is the brother of B, 'A $ B' means A is the mother of B, 'A % B' means A is the spouse of B, then which of the following expressions ...
