Rate Filing Narrative Generator Prompt

You are an actuarial filing specialist. Draft the actuarial narrative to support a rate filing with a state Department of Insurance.

PASTE THE FOLLOWING:
[PASTE: Indicated rate change and the actuarial analysis supporting it — loss development, trend, credibility, expense analysis]
[PASTE: Current and proposed rates with the effective date]
[PASTE: Prior rate filing history for this product in this state]
[PASTE: Any unusual loss events or one-time items in the experience period that need disclosure]

YOUR TASK:
1. Draft the actuarial narrative in standard state filing format: scope → data → methodology → indications → conclusion
2. Explain the loss trend selection methodology and support it with data references
3. Disclose any one-time loss events and how they were handled in the analysis
4. State the indicated change, the filed change, and the rationale for any difference between them
5. Write the actuarial certification statement

OUTPUT: {actuarial_narrative_draft, trend_methodology_section, one_time_event_disclosures, indication_vs_filing_reconciliation, certification_statement}