PCOPAPhilippine Coconut Oil Producers Association
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The simulation results demonstrate that the reality of PCOPA is better.
PCOPA = premiums from opaque LOB to total premiums of P-C insurers, as represented alternately by the previously defined PCOPA1, PCOPA2, and PCOPA3.
Similarly, we incorporate LHOPA and the alternative proxies for PCOPA, as defined in Equation (9), to impound the effects of varying levels of asymmetric information and resulting opaqueness across different LOB.