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Line of Insurance can further be classified as primary coverage or reinsurance assumed. Primary coverage involves policies written between an insurer and a customer directly. Reinsurance coverage involves the transfer of the insurer's risk to a reinsurer. Explain the various types of reinsurance in detail
Define an Insurance Company as per Federal Income Taxation. State the conditions for an Insurance company to be treated as Tax Exempt
Pass the Journal Entries of the following transactions for Takaful Products: Marks
a Contribution made by new the participants SAR Contribution made by renewal participants SAR
b Commission given to the agent SAR
c Portfolio Investment made by Takaful Operators SAR
d Management Expenses incurred For fund manager SAR
e Selling of Investment Assets of worth SAR sold for SAR
