Page 305 - Reinsurance Management IC85
P. 305
The Insurance Times
Premium : 1,20,00,000
Portfolio entry :
Premium : 30,00,000
Claims : 1,05,00,000
Portfolio Withdrawal :
Premium : 45,00,000
Claims : 45,00,000
Commission : 25%
Taxes : 2%
Claims Paid : 75,00,000
Management Expenses : 5%
Profit Commission : 25%
Profit for 2010 : 30,00,000
Profit for 2009 : 17,50,000
Ans. 100% Account : Income
1,20,00,000
Premium
Portfolio entry :
Premium : 30,00,000
Claims : 1,05,00,000
2,55,00000
Expense
Commission (25% 1,20,00000) 30,00000
Claim 75,00000
Website: www.bimabazaar.com Call: 033-22184184 / 40078428 302
ight@ The Insurance Times. 09883398055 / 0988338
