Question
a.
The reserve a life insurer has to meet his short-term liabilities
b.
The reserve a life insurer has to meet his long-term liabilities
c.
The reserve a life insurer has to meet his daily expenses
d.
The reserve a life insurer has to meet his overhead costs
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 life insurance reserve?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
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
Q. ‘If the risk is not a very good risk the insurer may keep less and the amount to be reinsured will therefore increase in case of treaties without a line limitation.’ This is true for which of the following categories of 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!
