Discuss method of setting premium rates in insurance company

Reference no: EM132658026

Problem 1: Discuss methods of setting premium rates in insurance companies (Manual rating, merit rating, judgement rating)

Problem 2: Identify any two insurance companies in Kingdom of Saudi Arabia and explain any two insurance products offered by them. Your answer should be based on following points:

i. Name of the Company

ii. Type of Insurance

iii. Premiums

iv. Significant features of the insurance product

Problem 3: Discuss in detail the various functions involved in "Transaction Cycle" with suitable examples.

Attachment:- Transaction cycle.zip

Reference no: EM132658026

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