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1) Ahmad has an auto insurance policy, including an Aggregate Deductible of 10,000 SAR. During the running year, he had three accidents. The cost of
1) Ahmad has an auto insurance policy, including an Aggregate Deductible of 10,000 SAR. During the running year, he had three accidents. The cost of the losses was: - First accident: \( \mathbf{3 0 0 0} \) SR of losses. - Second accident: 4000 SR of losses. - Third accident: 5000 SR of losses. The insurance company will compensate Ahmed by 1000 Saudi riyals. How do you find the Insurance Company behavior? Justify your answer.
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