Question

What is the key element in assessing the true value of assets recoverable from a reinsurer?

a.

The reinsurer's reputation

b.

The direct insurer's total portfolio

c.

The amount of business the life insurer underwrites

d.

The life insurer's reliance on reinsurance

Answer: (c).The amount of business the life insurer underwrites Explanation:A key element in assessing the true value of assets recoverable from a reinsurer is the amount of insurance business the life insurer underwrites.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is the key element in assessing the true value of assets recoverable from a reinsurer?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What is the life insurance reserve?

Q. What has been the trend in life insurance expansion over the last 20 years?

Q. What is the role of a reinsurer in life insurance?

Q. What is the life insurance reserve?

Q. What is a key risk faced by a direct insurer that relies too heavily on one reinsurer?

Q. What are some peculiarities in reinsuring a life insurance policy?

Q. What is keyman insurance?

Q. What is the sum insured related to in keyman insurance?

Q. Who pays the premium for keyman insurance?

Q. What is accumulation in insurance?

Q. Why is accumulation control essential in insurance?

Q. Standard Fire and special peril insurance is a principal class of _____________

Q. What is the purpose of setting retention limits by management of an insurer?

Q. Who approves the retention limits set out by the management of an insurer?

Q. Are there any formulas or rules that enable an insurer or a reinsurer to decide on their retention?

Q. What is retention in practice a combination of?

Q. What are the two types of retention required to be managed?

Q. How is the per risk retention scaled down?

Q. How is the per event retention managed?

Q. Which of the following is a normal method of reinsurance in miscellaneous accident business?

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!