chemical equilibrium Sheet Analysis & Risk Exposure of regaining smart set ( visor brio indemnity restrain) Balance Sheet identical components: financial obligation : animation policy Fund : Major part of indebtedness is contributed by its Life policy policy Fund and its prime indebtedness is its life chastise fund taken from the policy holders. offbeat fund : A fund kept by Life Insurance high society Limited, providing benefits to workers during a period of unemployment or disablement, as salary sequel while ill. Estimated liabilities in respect of bully claims, whether due or intimated : A fund kept by the follow for dramatic claims or claims that is due or intimated. bounteousness relys : Premium sediment represents receipts in advance which can non be appropriated towards exchange premium before taking the underwriting decision and hence policies were not issued/ adjusted. proviso for Share Value Fluctuation Accoun t : This is an doubtful liability account maintained select Life Insurance Limited in suit of clothes of share value fluction in the market. Insurance company get insurance premium from policy-holder against their policy. Insurance company invest this money in share market, if scale of any fluctuation, it maintains a provisional account to comply with the liability.
internality due to other persons or bodies carrying on insurance labor : The make up of the balance due to Sadharon Bima Corporation on account of re-insurance arrangements and under co-insurance scheme for payment to other insurance companies Asset : On Insurers Policies within their surre! nder value : investiture facility taken by policy-holder against his/her policy from the insurance company within surender value which means within their capable limit. Prime Life Insurance Limited invests on Statutory beat with Bangladesh Bank (need to maintain as per rules and regulation), Bangladesh Govt. Islami Investment Bond (BGIIB), primeval Depository Bangladesh Ltd. And also in shares which shows in...If you want to get a full essay, order it on our website:
OrderCustomPaper.comIf you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment