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|Unit chair:||C Laming|
|Note: Online teaching methods require internet access. Please refer to the most current computer specifications.|
This is the capstone unit that brings together the knowledge gained from the other insurance units. This unit examines the principal areas of claims evaluation and premium setting in the context of insurance management.
Topics addressed include the insurance market, limits of insurability of risk, insurance accounting and financial reporting, unearned premium/acquisition costs, underwriting - the premium equation, portfolio management issues, underwriting statistics, claims provisions, investments and underwriting, and solvency.
Written assignment 5000 words 30%, examination 3 hours 70%
Hurdle requirement: achieve at least 50% of the marks available on the examination.
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