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Question 1:
You are the chief actuary to a general insurance company. The company's main lines of business are employers' liability, marine, aviation and private motor insurance.
a) Describe the features of the business that would influence the choice of investments to be held in respect of these classes of business.
b) Describe how the investment portfolio will affect the choice of discount rate used in calculating the technical reserves.
Question 2:
You are an actuary for a general insurance company which writes private motor insurance. Describe briefly the reasons why you may undertake an actuarial investigation of premium rates for this business.
QUESTION 1 (a) Elaborate on the recent developments in communication theory as a field of research and study. (b) Elaborate on three main communication theories that mark th
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Rene's decision In 2004, Rene opened his shop with only one full-time employee. Since then Rene has added two general partners and greatly expanded the operation. Over the past
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what is economic justification for the rapid growth of premium package services?
1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.
Drawing upon examples from your experience of team working in organisations or in classroom activities, identify two key theories, concepts or models that have helped you to
Information system as well allows a firm to develop a strategic information base that is able to provide information to support the firm's competitive strategies. Information in a
QUESTION Globalisation has impacted in various spheres of our lives and has made our world become small. In the educational field, classrooms have become smaller and increasing
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