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Judgment & ambiguity · When to act

Early results from a pricing change you rolled out to a subset of new business look favorable on loss ratio, but the sample is small, the business is young enough that few claims have developed, and the market is competitive. Do you roll it out more widely now or wait?

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I'd be cautious, because a favorable early loss ratio on young business is often just claims that haven't emerged yet — not a real improvement.

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