Question

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

a.

Natural perils such as Flood, Earthquake or Cyclone

b.

Inadequate spread of risks

c.

Unexpected weather conditions

d.

Social /economic developments resulting in higher third party / riot / theft / terrorism claims and new technology risks of unproven nature

Posted under IC85 Reinsurance Management

Answer: (a).Natural perils such as Flood, Earthquake or Cyclone Explanation:Protection against natural perils such as Flood, Earthquake, or Cyclone is of particular importance for insurers as a single event can cause loss or damage to many risks.

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