Q. What is moral hazard in reinsurance?

View solution

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

View solution

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

View solution

Q. How does inflation affect technical statistics in insurance?

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

Q. What happens when the ceding insurer is in financial difficulties or insolvent?

View solution

Q. What risks does the reinsurer run by granting cover to as many companies as possible?

View solution

Q. What is the principle that the relation between insurer and reinsurer is based on?

View solution

Q. In which type of reinsurance, the insurer has to provide the reinsurer with all information he needs to evaluate the risk correctly?

View solution

Q. In which type of reinsurance, the principle of "uberrima fides" is of utmost importance?

View solution

Q. What is the situation when a reinsurer is insolvent?

View solution

Q. The relation between the insurer and the reinsurer is based on the principle of______________.

View solution

Q. What is reinsurance?

View solution