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Calculate the net premium and net claims from the information given below. Question Not yet answered Marked out of 2.00 P Flag question Particulars Direct

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Calculate the net premium and net claims from the information given below. Question Not yet answered Marked out of 2.00 P Flag question Particulars Direct business (OMR) Re-insurance (OMR) Premium received 600,000 90,000 Premium receivable 1.1.2019 30,000 5,250 31.12.2019 45,000 7,000 Premium paid 60,000 Premium payable 1.1.2019 5,000 31.12.2019 10,500 Net Premium . None of these OMR 646,750 OMR 736,500 OMR 641.250 Particulars Direct business (OMR) Re-insurance (OMR) Claims paid 412,500 31,250 Claims payable 1.1.2019 23,750 3,250 31.12.2019 43,750 5,500 Claims received 25,000 Claims receivable 1.1.2019 2,250 31.12.2019 3,000 Net Claims OMR 441,000 OMR 440,000 None of these OMR 440,250

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