Comprehensive Annual Financial Report for the Fiscal Year Ended ... Jun 30 2004
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In our eReader you can find the full English version of the book. Read Comprehensive Annual Financial Report for the Fiscal Year Ended ... Jun 30 2004 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Comprehensive Annual Financial Report for the Fiscal Year Ended ... Jun 30 2004
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To quickly assess the difficulty of the text, read a short excerpt:
Anticipated investment income is considered for computing a premium deficiency, and employers must pay premiums to the New Fund within specified time fi"ames.
An actuarial study prepared by Tillinghast-Towers Perrin, as of June 30, 2004, estimated the cost of settling claims that have been reported, but not settled; and claims that have been incurred, but not reported.
Because actual claim costs depend on such complex factors as inflation and changes in the law, claim liabilities are recomputed... periodically using a variety of actuarial and statistical techniques to produce current estimates that reflect recent settlements, claim fi-equency, and other economic and societal factors.
A provision for inflation is implicit in the calculation of estimated future claim costs because reliance is placed both on actual historical data that reflect past inflation and on other factors that are considered to be appropriate modifiers of past experience. As of June 30, 2004, $452,115,000 of unpaid claims and claim adjustment expenses were presented at face value.
What to read after Comprehensive Annual Financial Report for the Fiscal Year Ended ... Jun 30 2004?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Dept. of Administration. Accounting Division to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Anticipated investment income is considered for computing a premium deficiency, and employers must pay premiums to the New Fund within specified time fi"ames.
An actuarial study prepared by Tillinghast-Towers Perrin, as of June 30, 2004, estimated the cost of settling claims that have been reported, but not settled; and claims that have been incurred, but not reported.
Because actual claim costs depend on such complex factors as inflation and changes in the law, claim liabilities are recomputed... periodically using a variety of actuarial and statistical techniques to produce current estimates that reflect recent settlements, claim fi-equency, and other economic and societal factors.
A provision for inflation is implicit in the calculation of estimated future claim costs because reliance is placed both on actual historical data that reflect past inflation and on other factors that are considered to be appropriate modifiers of past experience. As of June 30, 2004, $452,115,000 of unpaid claims and claim adjustment expenses were presented at face value.
What to read after Comprehensive Annual Financial Report for the Fiscal Year Ended ... Jun 30 2004?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Dept. of Administration. Accounting Division to read onlineMoreLess
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