IPT05830 - Calculating the value of the premium: types of contract covering exempt and taxable risks: determining what is 鈥榡ust and reasonable鈥�
By just and reasonable we mean that the result of the apportionment should be fair to both the insurer and to us. 皇冠体育app insurer must be able to demonstrate that the apportionment was arrived at by a process of reasoning which took all relevant factors into account.