Q. How can reinsurance arrangements help in improving return on capital for a company?

View solution

Q. Which of the following is an example of how reinsurers extend help in underwriting of cases received by the direct insurer?

View solution

Q. What is the advantage of reinsurance in avoiding adverse selection?

View solution

Q. Which of the following is an example of how reinsurance can provide capital assistance to a direct insurance company?

View solution

Q. What is a reinsurance treaty?

View solution

Q. What do reinsurance treaties mainly cover?

View solution

Q. What is the purpose of reinsurance treaties?

View solution

Q. What is the E&O clause in a reinsurance treaty?

View solution

Q. Why is it important for underwriters to be aware and thorough with reinsurance treaties?

View solution

Q. Which of the following is true about a reinsurance treaty?

View solution

Q. What does a reinsurance treaty mainly cover?

View solution

Q. What is the purpose of including dispute resolution methodology in a reinsurance treaty?

View solution

Q. Which of the following is included in a reinsurance treaty related to underwriting?

View solution

Q. What is the purpose of the underwriting audit by reinsurers?

View solution

Q. What are the topics covered in the underwriting audit by reinsurers?

View solution

Q. Why is the interface with the client through different modes of communication important in the underwriting audit?

View solution

Q. Which department of the insurance company is audited by reinsurers?

View solution

Q. What is the importance of calling for additional requirements in the risk assessment process?

View solution

Q. The reinsurance treaty between the direct insurer and the reinsurer contains provisions and conditions related to which of the following?

View solution

Q. What is reinsurance?

View solution