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Assignment Question(s): (10 Marks) Q1. Discuss methods of setting premium rates in insurance companies (Manual rating, merit rating, judgement rating) (3 Marks) Answer: Q2. Identify

Assignment Question(s): (10 Marks)

Q1. Discuss methods of setting premium rates in insurance companies (Manual rating, merit rating, judgement rating) (3 Marks)

Answer:

Q2. Identify any two insurance companies in Kingdom of Saudi Arabia and explain any two insurance products offered by them. Your answer should be based on following points:

(4Marks)

  1. Name of the Company
  2. Type of Insurance
  3. Premiums
  4. Significant features of the insurance product

Answer:

Q3: Discuss in detail the various functions involved in Transaction Cycle with suitable examples. (3 Marks)

Answer:

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