Analyze the likely consequences of makini consent

Assignment Help Finance Basics
Reference no: EM133002261

Mapambano Transport is convinced that procuring conventional insurance policies for its fleet of haulage vehicles, will disadvantage it because of the operation of the principles of contribution, indemnity and subrogation by its potential insurers - Makini Insurance Company. Mr. Ngazi (the MD of Mapambano) contends that he should only enter into negotiations with Makini, if and only if the insurers are willing to drop operation of these principles in his fleet policies.

Required:

a) Analyze the likely consequences of Makini's consent to Mr. Ngazi's demands?

How true is it that insurance principles only exist for the benefit of insurers than insureds? Elucidate

Reference no: EM133002261

Questions Cloud

Calculate the average rate of return : Xerox and Yirox are big names in the Food industry. The following data are for the actual returns on shares of Xerox (X) and that of Yirox (Y):
Analyze these two views and reconcile the differences : Analyze these two views and reconcile the differences. Accountants claim that the balance sheet provides information about the financial standing of the firm.
Who should be involved in the development : What is an RFP? What are the components? What specifications should be included? Who should be involved in the development?
Determine the operating cash flow : Zip Inc is considering investing in a new product line to complement its existing products. The new product line is expected to have a 3-year life.
Analyze the likely consequences of makini consent : Mapambano Transport is convinced that procuring conventional insurance policies for its fleet of haulage vehicles, will disadvantage it because of the operation
What journal entry does the company record : What journal entry does the company record? When the last process of the product has been completed and the product is transferred to storage for sale
Find the interest rate for a 6-year bond : Consider the following: today's interest rate for a 15-year bond is 8%; today's interest rate for a 4-year bond is 4%; the interest rate for a 5-year bond, expe
What was the average cost per unit for direct labour : Assume that the company produced the equivalent of 17,000 units of product during the year. What was the average cost per unit for direct labour?
What is sharpe ratio : a. What is Sharpe ratio? Show the link between sharpe ratio and best efficient portfolio

Reviews

Write a Review

Finance Basics Questions & Answers

  Represent the actual annual returns earned

Which of the following represent the actual annual returns earned in Bank A and Bank B?

  What are impacts that flexible work schedules

What are impacts that flexible work schedules can have on a employee's productivity?

  What would the projected cash flow

What would the projected cash flow be for year 0, year 2, and year 5?

  What was the average bid-ask spread

Assuming that PSCM sold its 20.2 million shares at an average bid-ask of $48.60/$48.70, and paying average broker commissions of 0.20%

  Government of canada securities

Why, in general, do investment opportunities offer a rate greater than that offered by Government of Canada securities for the same horizon?

  What is the firm''s value if cash flows are expected

What is the firm's value if cash flows are expected to grow at an annual rate of 0% from now to infinity? What is the firm's value if cash flows are expected to grow at a constant annual rate of 7% from now to infinity?

  What is its average collection period

Chik's Chickens has accounts receivable of $6,983. Sales for the year were $10,500. What is its average collection period?

  Calculate how much this one-time deposit

REQUIRED: Calculate how much this one-time deposit will be worth in 5 years assuming your investment earns 8% annually.

  Develop a joint probability table for data

a. Develop a joint probability table for these data and use the table to answer the remaining questions.

  Relative inflation rates in the united states and australia

Exchange Rates. The exchange rate for the Australian dollar is currently A$1.40. This exchange rate is expected to rise by 10 percent over the next year.

  How do you plan to allocate your assets

Advise the Sampsons regarding the soundness of their tentative decision to invest all of their children's college education money in a biotechnology mutual fund.

  Is the swap attractive to round rock national

Round Rock National's correspondent, Citicorp, offered to arrange a swap with $1,000,000 principal that would allow Round Rock to receive interest at 1% over LIBOR and pay at 1% over T-bill. Is the swap attractive to Round Rock National?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd