Q. What is the role of underwriters and actuaries in setting premiums or assessing liabilities?

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Q. What are some scenarios that insurers must be prepared to accept the risk associated with?

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Q. What is one of the main aims of insurance regulators?

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Q. What is reinsurance?

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Q. What is the technical risk in reinsurance?

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Q. What is the contractual risk in reinsurance?

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Q. What is the "Follow the Fortunes" clause in reinsurance?

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Q. Which of the following can increase the risk run by the reinsurer?

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Q. What is moral hazard in reinsurance?

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Q. What is the responsibility of reinsurers in regard to rate of exchange risk?

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Q. What task is one of the most important and most delicate tasks of the reinsurer?

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Q. How does inflation affect technical statistics in insurance?

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Q. What can affect the payment of foreign exchange and cash calls in reinsurance?

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Q. What is the primary reason why reinsurers assume no responsibility for rate of exchange risk?

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Q. Which of the following risks does inflation pose to reinsurance operations?

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Q. What is the impact of special and unrealistic exchange controls on reinsurance operations?

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Q. Why is the acquisition and underwriting results of a reinsurance insurer directly dependent on its quality?

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Q. What is the principle on which the relationship between the insurer and reinsurer is based?

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Q. Which type of reinsurance is based on the principle of "Uberrima fides"?

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Q. What is the meaning of the term "Uberrima fides"?

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