Question

What is Industrial All Risks reinsurance?

a.

A cover for fire & perils only

b.

A cover for business interruption and burglary exposures only

c.

A combination of fire & perils, and breakdown perils

d.

A cover for high exposure risks like Petrochemicals or Explosives

Answer: (c).A combination of fire & perils, and breakdown perils Explanation:Industrial All Risks reinsurance is a combination of fire & perils, and breakdown perils; at times including business interruption and burglary exposures.

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Q. What is Industrial All Risks reinsurance?

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