Question

How often is a bordereaux typically submitted to the reinsurer?

a.

Annually

b.

Monthly or quarterly

c.

Every six months

d.

It varies depending on the treaty

Posted under IC85 Reinsurance Management

Answer: (b).Monthly or quarterly Explanation:A bordereaux is typically submitted monthly or quarterly as agreed between the parties.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. How often is a bordereaux typically submitted to the reinsurer?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. Why might a reinsurer insist on a bordereaux for a newly established ceding insurer?

View solution

Q. In what cases might a reinsurer need to effect reinsurance in respect of their acceptance?

View solution

Q. What is the reinsurance premium paid by the ceding insurer to the reinsurer(s) a percentage of?

View solution

Q. Which of the following is NOT included in the reinsurance premium?

View solution

Q. What is ceding commission?

View solution

Q. How is the ceding commission calculated?

View solution

Q. What is the factor that determines the level of ceding commission?

View solution

Q. What is the definition of reinsurance premium?

View solution

Q. Which premiums are not included in the reinsurance premium?

View solution

Q. What is ceding commission?

View solution

Q. How is the ceding commission calculated?

View solution

Q. What is the purpose of a profit commission?

View solution

Q. What is ORC?

View solution

Q. What is the definition of reinsurance premium?

View solution

Q. What risks are excluded from the reinsurance premium?

View solution

Q. What is ceding commission?How is the ceding commission calculated?

View solution

Q. What is the quota share treaty?

View solution

Q. What is profit commission?

View solution

Q. What is the formula to calculate profit to the treaty?

View solution

Q. When does the reinsurer's liability begin under a proportional treaty?

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!

Cost Accounting

Dive into the realm of Cost Accounting with our specialized category. Explore cost...

Textile Engineering

Explore the dynamic world of Textile Engineering with our specialized category. Delve...

IC22 Life Insurance Underwriting

Prepare for success in the Insurance Institute of India (III) examination with IC22...

Biotechnology

Discover the cutting-edge world of biotechnology with our Biotechnology category....

Biochemical Engineering

Master the synergy of biology and engineering with our Biochemical Engineering...

Highway Engineering

Navigate the road to efficient transportation with our Highway Engineering category....

Mechanics of Materials

Unlock the principles of Mechanics of Materials with our specialized category. Dive...

Cytogenetics

Delve into the genetic mysteries of chromosomes with our Cytogenetics category....

Molecular Biology

Dive into the intricate world of molecular biology with our specialized category....