Question

Who is the designated manager for the Natural Catastrophe Pool and Nuclear Risks Liability Pool?

a.

IRDA

b.

SEBI

c.

NABARD

d.

GIC Re

Posted under IC85 Reinsurance Management

Answer: (d).GIC Re Explanation:GIC Re is designated manager for the above pools also.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. Who is the designated manager for the Natural Catastrophe Pool and Nuclear Risks Liability Pool?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What is GIC Re's responsibility for the natural catastrophe pool and nuclear risks liability pool?

View solution

Q. What is the obligatory cession that GIC Re receives from all general insurers?

View solution

Q. What is the percentage of terrorism risk that is ceded to the Market Pool?

View solution

Q. What is the role of IRDA's notification in ceding commission?

View solution

Q. What kind of reinsurance does GIC Re provide?

View solution

Q. What is the objective of regional reinsurance corporations like Asian Reinsurance Corporation?

View solution

Q. Which of the following companies became Indian reinsurer after nationalisation?

View solution

Q. What are the key objectives of an insurer in arranging reinsurance?

View solution

Q. What is the concept of co-insurance?

View solution

Q. What are the functions of reinsurance?

View solution

Q. What risks can reinsurance help insurers accept?

View solution

Q. What is the function of reinsurance in providing increased capacity?

View solution

Q. Why is financial stability important for insurers?

View solution

Q. What is the fundamental principle of insurance?

View solution

Q. How does reinsurance help in ensuring financial stability for insurers?

View solution

Q. What types of risks are particularly important for insurers to protect against?

View solution

Q. What can cause major fluctuations in claims costs for an insurer?

View solution

Q. What is the purpose of reinsurance in insurance business?

View solution

Q. What are the factors that can cause major fluctuations in claims costs?

View solution

Q. What is the basic principle of spread of risks?

View solution
View All MCQs on IC85 Reinsurance Management

Recommended Subjects

Are you eager to expand your knowledge beyond IC85 Reinsurance Management? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Drug and Pharmaceutical Biotechnology

Navigate the world of pharmaceuticals and biotechnology with our dedicated category....

Mass Transfer

Delve into the science of Mass Transfer with our specialized category. Explore...

Bioinformatics

Unlock the power of data analysis in biology with our Bioinformatics category....

Electrical Measurement and Instrumentation

Unlock the world of electrical measurements with our dedicated category. Explore...

Environmental Engineering

Explore the critical field of Environmental Engineering with our dedicated category....

Human and Cultural Diversity

Explore the rich tapestry of human societies with our Human and Cultural Diversity...

IC90 Human Resource Management

Prepare for success in the Insurance Institute of India (III) examination with IC90...

Environmental Biotechnology

Discover the intersection of biology and environmental science with our Environmental...

Life Sciences

Delve into the diverse world of life sciences with our specialized category. Explore...