Answer:
1. Remains compliant with industry standards. Ultimately, buyers need to know that suppliers aren't going to add extra risk to their organisations' risk profiles.
2. Keeps information up-to-date.
3. Strives to continually improve.
4. Demonstrates innovation.
5. Has a proactive attitude.
Explanation:
The premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
First step is to calculated the expected amount to pay
Expected amount=Total loss +50% loss+25% loss
Expected amount=$200,000(0.002)(1)+$200,000(0.01)(0.5)+$200,000(0.1)(0.25)
Expected amount=$400+$1,000+$5,000
Expected amount=$6,400
Second step is to calculate the premium
Premium=Expected amount+ Average profit
Premium=$6,400+$500
Premium=$6,900
Inconclusion the premium that the insurance company should charge each year to realize an average profit of $500 is $6,900.
Learn more about insurance premium here:brainly.com/question/24441770
The incidences are:
Kevin Prince Boaten, a football player from Ghana, was constantly noticed because of his black race.
<h3>How does racism influence participation in sport?</h3>
Others are:
- Jackie Robinson, experienced being criticized for his black color but he was said to be the first African-American player.
- Anthony Mundaine was a player in Australia who opt for boxing instead of being in the Rugby League as a result of racial discrimination.
Racism is known to be a major to participation in sports. Note that as a result of people experiencing discrimination, there may be a reduction in the people's participation in it.
Learn more about personalities from
brainly.com/question/3920215
#SPJ1
Is there a question to go with this? if so i can potentially help you.
