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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.
What do you mean by total in total quality management? Total in Total Quality Management: It is stands for an overall integrated approach to all features of quality, all
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Explain briefly the four steps of the review process
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Suppose you are investigating selling prices of properties. You have obtained summary measures for a random sample of 500 properties. The mean selling price was $520,000 while the
Identify and explore NetSuite’s components that relate to your business major
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What are the elements of morale? Morale is made up of following elements: • One set having those that assist to make a person satisfied along with his job and, • A second
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