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متابعة

Describe the difference between profit and premium ?

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تم إضافة السؤال من قبل RASHID MUNIR , Assistant Accountant , EL SEIF ENGINEERING CONTRACTING LTD
تاريخ النشر: 2016/05/21
Mamoun elbaghir abdalla mhamad Eltayeb
من قبل Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

 In insurance company the first income is the premium income that initially paid by the insureds the total amount of the premium and it's investment return  is the total income of the insurance company .

Operating the business of insurance the company reach to the final gains and profit amount as here under :-

1/ total income ( total premium plus investment retutrn )

miuns the following deductions :-

2/ managment and office expenses .

3/ total amount of claims payments .

4/ due reinsurer's share of premium.

5/ Tax and other miscel. expenses.

Regards

 

المزيد من الأسئلة المماثلة