Calculate the profit commission (in value) of a surplus treaty based on the following
data:-
G...
Social Studies, 04.08.2020 14:01, nessuhbae6722
Calculate the profit commission (in value) of a surplus treaty based on the following
data:-
Gross Premium:RM150000
Treaty commission:30%
Paid Losses:RM31,200
Outstanding Losses:RM80,000
Reinsurer's Expenses:10%
Profit Commission:20%
Answers: 2
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