Saudi Electronic University Insurance Accounting Discussion

I need an explanation for this Accounting question to help me study.

1.Discuss methods of setting premium rates in insurance companies (Manual rating, merit rating, judgement rating

2. . Identify any two insurance companies in Kingdom of Saudi Arabia and explain any two insurance products offered by them. Your answer should be based on following points:

  • Name of the Company
  • Type of Insurance
  • Premiums
  • Significant features of the insurance product

3. Discuss in detail the various functions involved in “Transaction Cycle” with suitable examples.

Prof. Angela

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