S
Seiru1
Member
Why is stop loss not going to be used?
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It could be used (although the examiners' report doesn't mention it). It may be sought as the company is expanding into new areas.
However, the other contracts mentioned in the solution should be adequate to smooth profits to the desired level. In any case, the cover may not be available on acceptable terms to the insurer.
However, the other contracts mentioned in the solution should be adequate to smooth profits to the desired level. In any case, the cover may not be available on acceptable terms to the insurer.
S
Seiru1
Member
Thanks
That make sense
That make sense