Lusaka Group of Companies comprises three companies that provide insurance and financial services within the country, Lusaka
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Question:
The Group of Companies has a holding company that holds shares in the General Insurance and Life Companies while the Life Company has acquired management rights to the Pension trust Fund.
Required:
Identify the hazard and the losses faced by the Board of Directors assuming the investment does not yield expected returns and state how this risk can be mitigated by insurance.
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