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Identify a specific risk that could be offered by insurance companies operating in the Kingdom of Bahrain. Assess the viability of this risk being offered
Identify a specific risk that could be offered by
insurance companies operating in the Kingdom of
Bahrain. Assess the viability of this risk being offered
based on the 6 requirements:
1. Large number of exposure units (0.5 points)
2. Accidental and unintentional loss (0.5 points)
3. Determinable and measurable loss (0.5 points)
4. No catastrophic loss (0.5 points)
5. Calculable chance of loss (0.5 points)
6. Economically feasible premium (0.5 points)
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