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How does that work in practice? Do insurers have to share their models with the regulator?
by StackRanker3000 2y ago
How does that work in practice? Do insurers have to share their models with the regulator?
- bkberry352 2y agoYes, models have to be shared with regulators and the regulators have to be convinced that the premiums insurers wish to charge are actuarially justified (supported by the data).