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Question 2: a) Explain THREE principal methods for regulating insurance companies 6 marks b) Explain FOUR reasons why the insurance industry is regulated. 8 marks

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Question 2: a) Explain THREE principal methods for regulating insurance companies 6 marks b) Explain FOUR reasons why the insurance industry is regulated. 8 marks c) Explain the FOUR fundamental legal principles that govern insurance contracts, 8 marks [Total: 23 marks)

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