We have the following data, for which any required adjustments have been made.
| Calendar Quarter | Written Premium at Current Rate Level | Written Exposures |
|---|---|---|
| 2016Q1 | 68,409.73 | 132 |
| 2016Q2 | 69,933.21 | 134 |
| 2016Q3 | 70,910.48 | 135 |
| 2016Q4 | 72,977.61 | 138 |
| 2017Q1 | 74,634.01 | 140 |
| 2017Q2 | 75,774.76 | 141 |
| 2017Q3 | 77,435.68 | 143 |
| 2017Q4 | 78,323.20 | 144 |
| 2018Q1 | 80,263.03 | 146 |
| 2018Q2 | 81,959.37 | 148 |
| 2018Q3 | 83,634.55 | 150 |
| 2018Q4 | 84,526.43 | 151 |
How to estimate the Quarter Average Premium Trend ?
- First, let’s be clear with the definitions. We have **written premium