Sliding Scale Commission Question - Pearson Vue Example
Hi,
I was looking at the Pearson Vue examples to pratice. There is a question about sliding scale commission and I don't fully understand the solution concerning the carryforward for the second year. From what I understand, there is no mention of a specific carryforward provision value and the expected loss ratio seems to be lower than the loss ratio assigned to the minimum commision.
Am I missing something here? The year1, I have the right commissions and technical ratio but not the year 2. Is it possible to clarify the solution for the second year?
Thanks :)
Comments
The pearson vue link to the examples
Hi,
Please take a look at the following forum post and let us know if you need more clarification.
https://battleacts8.ca/8/forum/index.php?p=/discussion/32/2019-fall-17
It's all clear now !
Thanks :)