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Auto insurance risk selection is the process by which vehicle insurers determine whether or not to insure an individual and what insurance premium to charge. Depending on the jurisdiction, the insurance premium can be either mandated by the government or determined by the insurance company in accordance to a framework of regulations set by the ...
The gas-lift mandrel is a device installed in the tubing string of a gas-lift well onto which or into which a gas-lift valve is fitted. There are two common types of mandrels. In a conventional gas-lift mandrel, a gas-lift valve is installed as the tubing is placed in the well. Thus, to replace or repair the valve, the tubing string must be pulled.
Petroleum production engineers design and select subsurface equipment to produce oil and gas well fluids. [1] They often are degreed as petroleum engineers, although they may come from other technical disciplines (e.g., mechanical engineering, chemical engineering, physicist) and subsequently be trained by an oil and gas company.
The Age Discrimination Act makes it illegal for insurers to deny coverage or set rates based solely on age. However, insurers can legally consider several age-related factors when determining your ...
The problem is then to devise a way of combining the experience of the group with the experience of the individual risk to calculate the premium better. Credibility theory provides a solution to this problem. For actuaries, it is important to know credibility theory in order to calculate a premium for a group of insurance contracts. The goal is ...
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A production packer [1] is a standard component of the completion hardware of oil or gas wells used to provide a seal between the outside of the production tubing and the inside of the casing, liner, or wellbore wall. Based on their primary use, packers can be divided into two main categories: production packers and service packers.
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