Commencement of Business

The assignment is individual assignment and this assignment as practical assignment you need to contact with the local insurance company via ( telephone call, email, website, …. ), and try to meet the assignment requirement and link that in what we learn from the course and apply it in your project assignment, the assignment worth (10%) out overall grade. The assignment should be at least five pages to seven pages long. (Not that you can start your project assignment from the first day).[footnoteRef:1] [1: You may start your project from the first day it is building block assignment for instant after we cover the chapter you may work parallel with your project assignment.]I. The requirement for the assignment:A. Date of IncorporationB. Commencement of BusinessC. Authorized CapitalD. Pre – IPO Paid up CapitalE. Paid up capitalF. Number of employeesG. Give an example of Loss ratio of the companyH. Expect ratio of the companyII. Describe the principle product or services of the insurance company provide.

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