Q. How is most of the reinsurance cover for aviation and special types of liability business placed?

View solution

Q. What are the benefits of group underwriting arrangements and pooling arrangements for small and medium-sized companies?

View solution

Q. What is the percentage of the reinsurance premium in life business in India?

View solution

Q. What is the purpose of Keyman insurance?

View solution

Q. What is accumulation in insurance?

View solution

Q. Why is accumulation control essential in insurance?

View solution

Q. ABC Company is seeking insurance for its tanker, an ocean going vessel. ABC Company will have to seek insurance under ___________

View solution

Q. What is the primary objective of quota-share and surplus treaties in fire reinsurance?

View solution

Q. What is covered under property reinsurance contracts?

View solution

Q. Which of the following is a class of property insurance?

View solution

Q. Which type of treaty programme is well suited for fire insurance business?

View solution

Q. What is the main focus of Property Reinsurance?

View solution

Q. What are the principal classes of property insurance?

View solution

Q. What is the benefit of using proportional treaties in fire insurance business?

View solution

Q. What is the primary objective of quota-share and surplus treaties in fire insurance?

View solution

Q. What is the purpose of setting up a table of limits?

View solution

Q. Why is it necessary for an insurer to avail of excess of loss covers in fire insurance business?

View solution

Q. What is the main problem in engineering reinsurance?

View solution

Q. Which types of insurance present a relatively balanced range of sums insured in engineering reinsurance?

View solution

Q. What is the solution for insurers in engineering reinsurance to limit commitment on a single risk?

View solution