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The following data is obtained from the books of Blue Insurance Company related to Premiums. All amounts are given in rupees. (20)
| Class | Reinsurance ceded | Premiums written | Prepaid reinsurance premium ceded Opening Closing | Unearned premium reserve Opening Closing |
| Fire and property damage | 38,407,579 | 49,132,652 | 23,831,702 | 18,474,924 | 28,918,784 | 23,091,158 |
| Marine, aviation and transport | 22,684,549 | 32,881,187 | 2,663,085 | 3,502,943 | 3,171,563 | 4,389,644 |
| Motor | 3,184,309 | 144,749,425 | 1,131,356 | 1,514,851 | 54,060,186 | 62,584,901 |
| Accident and health | 43,208,903 | 71,879,782 | 22,679,234 | 21,238,115 | 31,388,267 | 34,664,017 |
| Miscellaneous | 18,921,380 | 33,318,657 | 27,577,551 | 9,652,523 | 29,993,506 | 14,872,970 |
You are required to prepare the statement of Premium for the year ended on December 31, 2021.
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