Question
a.
They enable individual freedom for companies
b.
They create technical expertise for special classes of business
c.
They enhance competition for business
d.
They limit retention capacity for insurers
Posted under IC85 Reinsurance Management
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What are the benefits of group underwriting arrangements and pooling arrangements for small and medium-sized companies?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
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
Q. What is the exposure for total loss in engineering insurance for Advance Loss of Profit / Delay in Start-up?
View solution
Q. What is the most frequent method of cover in engineering reinsurance?
View solution
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!
