Learning Goal: I’m working on a management case study and need an explanation and answer to help me learn.Assignment Question(s):(10 Marks) Q1. Discuss methods of setting premium rates in insurance companies (Manual rating, merit rating, judgement rating) (3 Marks) Answer: Q2. Identify any two insurance companies in Kingdom of Saudi Arabia and explain any two insurance products offered by them. Your answer should be based on following points: (4Marks) Name of the Company
Type of Insurance
Premiums
Significant features of the insurance product
Answer: Q3: Discuss in detail the various functions involved in “Transaction Cycle” with suitable examples. (3 Marks) Answer:
Requirements: 2000 words
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