question archive 5- Calculate Surplus/ Deficit of Underwriting funds from the following data: Premium Collected from Policy Holders= 150,000 Indemnities paid out for claims = 43% Retakaful expenses = 30000 wakala fee = 20000 6- Calculate Surplus/ Deficit of Underwriting fundsfor one year from the following data: Premium contributions received for the period 4500 per month (45 Participants) Indemnities paid out for claims = 78,900 Retakaful expenses = 20% of Takafuls contributions wakala fee = 19500 underwriting expenses = 32000
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5- Calculate Surplus/ Deficit of Underwriting funds from the following data:
Premium Collected from Policy Holders= 150,000
Indemnities paid out for claims = 43%
Retakaful expenses = 30000
wakala fee = 20000
6- Calculate Surplus/ Deficit of Underwriting fundsfor one year from the following data:
Premium contributions received for the period 4500 per month (45 Participants)
Indemnities paid out for claims = 78,900
Retakaful expenses = 20% of Takafuls contributions
wakala fee = 19500
underwriting expenses = 32000
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