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Firm underwriting

rajat kapoor (25 Points)

01 March 2016

what is the treatment of firm underwriting in underwriting chapter of group 2 ? whether is treated as marked application or unmarked ? i m really confused plz help me out with examples

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vignesh raghuraman (student) (75 Points)
Replied 01 March 2016

It depends on problem friend if firm underwriting forms part of marked application and benefit for frm underwriting is given provide the benefit if not divide based on gross liabilty ratio ot as per the given ratio if total applications are given but its not expressly mentioned that wht to do then make suitable assumption

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rajat kapoor (25 Points)
Replied 02 March 2016

sir, in ca ipcc nov 15 exam its not clearey expreesed about firm underwriting they distribute along with unmarked?

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