Q. 2 The following data is obtained from the books of Blue Insurance Company related to...
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Q. 2 The following data is obtained from the books of Blue Insurance Company related to Premiums. All amounts are given in rupees. (20) Prepaid reinsurance premium ceded Opening Closing Class Reinsurance Premiums Unearned premium ceded written reserve Opening Closing Fire and property damage Marine, aviation and transport 38,407,579 49,132,652 23,831,702 18,474,924 28,918,784 23,091,158 22,684,549 32,881,187 2,663,085 3,502,943 3,171,563 4,389,644 144,749,425 1,514,851 Motor Accident and health 3,184,309 1,131,356 54,060,186 62,584,901 43,208,903 71,879,782 22,679,234 21,238,115 31,388,267 34,664,017 Miscellaneous 18,921,380 33,318,657 27,577,551 9,652,523 29,993,506 14,872,970 You are required to prepare the statement of Premium for the year ended on December 31, 2021. Q. 2 The following data is obtained from the books of Blue Insurance Company related to Premiums. All amounts are given in rupees. (20) Prepaid reinsurance premium ceded Opening Closing Class Reinsurance Premiums Unearned premium ceded written reserve Opening Closing Fire and property damage Marine, aviation and transport 38,407,579 49,132,652 23,831,702 18,474,924 28,918,784 23,091,158 22,684,549 32,881,187 2,663,085 3,502,943 3,171,563 4,389,644 144,749,425 1,514,851 Motor Accident and health 3,184,309 1,131,356 54,060,186 62,584,901 43,208,903 71,879,782 22,679,234 21,238,115 31,388,267 34,664,017 Miscellaneous 18,921,380 33,318,657 27,577,551 9,652,523 29,993,506 14,872,970 You are required to prepare the statement of Premium for the year ended on December 31, 2021.
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Cost Management A Strategic Emphasis
ISBN: 978-0078025532
6th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
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