Question
2.From the following information, calculate the amount of Premium received in advance on the beginning of year: Particulars Premium received during the year R.O 65000
2.From the following information, calculate the amount of Premium received in advance on the beginning of year: Particulars Premium received during the year R.O 65000 Outstanding premium on the end of the year 15,000 Premium received in advance the end of year Outstanding premium on the beginning of the year Bonus in reduction of premium to be adjusted Reinsurance premium of the year 10000 8800 3000 20,000 Credited Premium 80600
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An Introduction To Derivative Securities Financial Markets And Risk Management
Authors: Robert A. Jarrow, Arkadev Chatterjee
2nd Edition
194465965X, 978-1944659653
