Scribd Logo
Upload

Welcome to Scribd!

  • 1

    Uploaded by

    Abdullah Al Muttaki
    2 views1 page
    This document provides instructions for a class assignment on insurance and risk management. It specifies that the assignment is individual, requires including student identification information and submitting through Google Classroom by July 15, 2021. The assignment involves calculating a net single premium using mortality rates and interest, and discussing what reinsurance is and its benefits.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document provides instructions for a class assignment on insurance and risk management. It specifies that the assignment is individual, requires including student identification information and submitting through Google Classroom by July 15, 2021. The assignment involves calculating a net single premium using mortality rates and interest, and discussing what reinsurance is and its benefits.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views1 page

    1

    Uploaded by

    Abdullah Al Muttaki
    This document provides instructions for a class assignment on insurance and risk management. It specifies that the assignment is individual, requires including student identification information and submitting through Google Classroom by July 15, 2021. The assignment involves calculating a net single premium using mortality rates and interest, and discussing what reinsurance is and its benefits.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Semester: Summer 2021

    Class Assignment
    Course Code: BUS-3204/CC 308
    Course Title: Insurance and Risk Management
    Instructions:
    1) Individual Assignment
    2) Student must mention ID, Name, batch, course code, course title, semester
    3) Must submit in Google classroom for respective course.

    Last Submission Date: 15/7/2021


    Answer the following:
    1) Calculate Net single premium
    Age no. of deaths Amount per claim Interest rate 7%
    31 950 $2000
    32 900 $2000
    33 850 $2000
    34 710 $2000
    35 640 $2000
    Total Lives 1000
    2) What Is Reinsurance? Discuss the Benefits of Reinsurance.

    You might also like