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

Posted under IC85 Reinsurance Management

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?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What is the life insurance reserve?

View solution

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

View solution

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

View solution

Q. What is the life insurance reserve?

View solution

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

View solution

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

View solution

Q. What is keyman insurance?

View solution

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

View solution

Q. Who pays the premium for keyman insurance?

View solution

Q. What is accumulation in insurance?

View solution

Q. Why is accumulation control essential in insurance?

View solution

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

View solution

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

View solution

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

View solution

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

View solution

Q. What is retention in practice a combination of?

View solution

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

View solution

Q. How is the per risk retention scaled down?

View solution

Q. How is the per event retention managed?

View solution

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

View solution
View All MCQs on IC85 Reinsurance Management

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!

Automotive Engine Design

Embark on a thrilling exploration of Automotive Engine Design, where the intricacies...

Foundation Engineering

Master the principles of Foundation Engineering with our specialized category....

Engineering Materials

Discover the building blocks of engineering with our Engineering Materials category....

Mechanics of Materials

Unlock the principles of Mechanics of Materials with our specialized category. Dive...

Civil Engineering

Dive into the world of Civil Engineering with our specialized category. Explore the...

Chemistry

Unlock the mysteries of chemistry with our Chemistry category. Delve into the...

Genetic Engineering

Unlock the potential of Genetic Engineering with our dedicated category. Explore gene...

DC Machines

Dive into the fundamentals of direct current (DC) machines with our specialized...

Basic Electrical Engineering

Master the fundamentals of Electrical Engineering with our specialized category....