QUESTION 28 An insurance contract has a straight deductible worth 100BD, additionally it also has a coinsurance agreemen
Posted: Sun Jun 05, 2022 11:06 am
- Question 28 An Insurance Contract Has A Straight Deductible Worth 100bd Additionally It Also Has A Coinsurance Agreemen 1 (87.4 KiB) Viewed 34 times
- Question 28 An Insurance Contract Has A Straight Deductible Worth 100bd Additionally It Also Has A Coinsurance Agreemen 2 (39.28 KiB) Viewed 34 times
QUESTION 28 An insurance contract has a straight deductible worth 100BD, additionally it also has a coinsurance agreement which specifies that a 27% coinsurance clause exists on a car valued at 28009 BD. Based on this, if a loss worth 8754 happens, how much will the insurer pay?
QUESTION 27 An insurance company has a combined ratio of 0.66, overall operating ratio of 1.51 and an expense ratio of 0.42, based on this information what is the company's loss ratio?