Question
a.
Disproportion between the sums insured in different engineering lines
b.
Lack of capacity for highly exposed risks
c.
Inadequate policy conditions and rating principles
d.
Inability to review policy terms mid-term
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 is the main problem in engineering reinsurance?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
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
Q. What is the main reason that the problems for the reinsurer get more complicated in respect of large complex projects?
View solution
Q. Which of the following are considered as exposure for total loss?
View solution
Q. Which is the most frequent method of cover in Engineering reinsurance?
View solution
Q. What does the reinsurer reserve the right to do in certain cases?
View solution
Q. What is the clause inserted by the reinsurer in the agreement to take part in the settlements of claims?
View solution
Q. What is Industrial All Risks reinsurance?
View solution
Q. What is the restriction in treaty capacity for Industrial All Risks reinsurance involving high exposure risks?
View solution
Q. What type of risks are covered under All risks property package reinsurance?
View solution
Q. How does the geographical territory basis operate in All risks property package reinsurance?
View solution
Q. What is the difference between an All Risks package and traditional separate insurances?
View solution
Q. Why can't department-wise reinsurance arrangements of the insurer be utilized for All Risks packages?
View solution
Q. What type of reinsurance support is needed for an All Risks package?
View solution
Q. Who controls the terms, conditions, and all aspects of an All Risks package?
View solution
Q. Why are markets for All Risks packages with enough capacity limited in number?
View solution
Q. What types of risks are covered by the accident/liability reinsurance?
View solution
Q. What is the most common form of reinsurance used for accident/liability 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!
