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While driving Abdulrahman's car Asma accidentally crashed and hit a house, the loss costs a total of 2805. If in this case, Abdulrahman's insurance policy acted as the primary with a limit of 503, while Asma's policy acts as the excess and has a limit of 3426. In this case how much will Asma's insurance policy pay? QUESTION 29 JAA insurance company has an loss adjustment expense of 2966, underwriting expense of 864, promiums worth 4035, investment profits worth 358 Based on this information calculate JAA's overall operating ratio? Elon Musk has purchased insurance for his home with three different companies, Company A covers 2271, Company B covers 2022 and Company c covers 2707 Assuming the insurers follow an equal shares method, how much will Company B pay it a loss of 4209 occurs? QUESTION 26 Faisal has insured his vehicle with AXA insurance company Throughout the year he experiences a loss in January costing 2178, another in May costing 1096 and the last in December costing 1158 If Faisal has an aggregate deductible of 2257 How much will the insurer pay? QUESTION 25 Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio 0 70, while the data shows that the loss adjustment expenses in 630 and the total premium caming is 810 The company's current rales s 54 Using the experience rating method what will the now premum be the credibility factor is 031 QUESTION 24 Rubicon Insurance company has a loss ratio of 0.60, an underwriting expenses of 248 83, if the loss adjustment expenses and incurred expenses are 504 what is the company's expense rato? QUESTION 23 Asia Life Insuranco insures a total of 1000 cars, has a loss adjustment expense of 8006, underwriting expenses of 1251 and have eamed primums worth 15004 Based on this information calculate their Gross Rate using the pure premium method QUESTION 24 Abdulla has insured hes vehicle with JAA insurance company Throughout the year he experiences a loss in January costing 2983, another in May costing 2542 and the best as December costing 2675 If Abdulla has a straight deductible of 729. How much will the insurer.py? QUESTION 22 Abdulla has insured his vehicle with JAA insurance company Throughout the year he experiences a loss in January costing 2983, another in May costing 2542 and the last in December costing 2675. If Abdulla has a straight deductible of 729 How much will the insurer.pay? QUESTION 21 An insurance company has a combined ratio of 1.14, overall operating ratio of 1.50 and an expense ratio of 0.42, based on this information what is the company's loss rabo