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  • 1986-2002 Credit Risk Loss Experience Study: Private Placement Bonds
    future economic downturns may be different, so care must be used in interpreting and using the results ... As shown in the graph, incidence rates, the primary driver of economic loss rates, more than doubled ...

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    • Authors: Society of Actuaries
    • Date: May 2006
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Experience Studies & Data; Finance & Investments>Investments