Question

What type of risks are covered under All risks property package reinsurance?

a.

Multi-risk exposures from different lines of insurance for small values

b.

Single-risk exposures for large values

c.

Multi-risk exposures from different lines of insurance for very large values

d.

Physical damage exposures on all real and personal property of the insured used in connection with his overall business

Answer: (c).Multi-risk exposures from different lines of insurance for very large values Explanation:All risks property package reinsurance covers multi-risk exposures from different lines of insurance for very large values. Such “All Risks” Packages often include Marine /Off-shore /Liability & Business Interruption risk exposures in addition to the physical damage exposures on all real and personal property of the insured used in connection with his overall business which includes a range of diverse activities.

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Q. What type of risks are covered under All risks property package reinsurance?

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