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Scope of the call

The scope of this call would be to gain deep insights into the financial, underwriting, and claims aspects of Motor 2W Third Party (TP) insurance, specifically focusing on accounting practices, loss ratios, profitability strategies, and competitive benchmarking. The discussion will primarily revolve around the financial treatment of premiums, claims reserves, underwriting trends, and loss ratio management.

A leading consulting company

Expected date of call: 21/04/2025 or 21/04/2025

Minimum experience Needed: 10 Year(s)

BROAD CATEGORY

Finance

Sub CATEGORY

Project Cost Management

INDUSTRY

Insurance

Domain Expertise Needed

Loss Ratio & ProfitabilityAccounting & Financial Treatment

Required experience in organisation like

(ICICI LombardBajaj AllianzHDFC ERGO

Have worked in roles like

-

Question You Would be expected to answer

  • How is accounting for a Motor 2W TP policy done given that 5-year premium is collected upfront ? For instance, if INR 100 is collected as Motor 2W TP premium, only INR 20 is attributable to the first year, while the remaining INR 80