premium=(1-Recovery Rate)*(probability of default) so if the premium is 15% and the recovery rate is 30%, then you can calculate the likelihood or probability of default. It would be (.15)=(1-.30)*probability Rearranging terms you get: probability=.21428 The Recovery Rate is the percentage of your original asset you'd recover under the default circumstance.
exspense charges that are premium.
the frequency of premium pyment
yes,the company can receive the amount of premium.
No, This would be considered a misappropriation of premium funds. It is a violation of your agents fiduciary responsibilities and is strictly prohibited by your state regulators.
What is the difference between liquid and white sugar?
White sugar premium is a futures market term refering to the difference between the price of White sugar (As sold on the London exchange) and Raw sugar (unrefined sugar sold on the New York exchange). It can also refer to a refining cost to refine raw sugar.
There is no formula for sugar. Sugar comes from plants. Sugar cane or beets are the plants that is made into sugar. Sugar is primarily sucrose with the formula C12H22O11.
Annual Premium= Annual Base Premium * Driver-Rating Factor To get annual base premium the formula is... Annual base Premium= Liability Premium + Collision Premium + Comprehensive Premium.
The chemical formula for brown sugar is the same as the formula for white sugar. It is C12H22O11. Hope that helps :)
The formula for white lead is 2PbCO3 · Pb(OH)2, for red lead it is Pb3O4, and for sugar of lead it is Pb(C2H3O2)2.
A white sweet crystalline sugar is found in numerous plants, particularly the sugar cane, sugar beet, and maple-tree sap. It's chemical formula is: C12H22O11
white sugar is sugar.
Common sugar is known as sucrose, and has the formula C12H22O11
C12H22O11 is the formula for sucrose which is common sugar.
The molecular formula of sugar is c12h22o11
The chemical formula of fruit sugar, or fructose, is C6H12O6.