Question
Which of the following is NOT a key expense considered
in premium calculation?Solution
Key expenses considered in premium calculation typically include: Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Salaries and wages Rent and utilities Claims costs Commissions Reinsurance costs Marketing and advertising expenses Operating expenses Investment income is not directly included in the calculation of the premium itself, but it can contribute to the insurer's overall profitability.
Find the wrong number in the given number series.
3, 7, 22, 89, 445, 26759, 10, 12, 18, 42, 160
33Â Â Â Â 34Â Â Â 37Â Â Â 42Â Â Â 48Â Â Â 58
- Find the wrong number in the given number series.
10, 19, 3, 28, 5, 54 1600, 1604, 1544, 1760, 1248, 2248, 520
Find the wrong number in the given number series.
5, 10, 20, 40, 85, 16010, 35, 135, 360, 760, 1136, 2285.Â
2, 10, 30, 64, 130, 222
Find the wrong number in the given number series.
- 71, - 7, 43, 78, 103, 119
3, 8, 28, 88, 258, 648Â