Q. How does market pooling work in the insurance industry?

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Q. What is group underwriting in the insurance industry?

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Q. In which lines of business is reciprocal reinsurance trading more commonly used?

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Q. Why do ceding insurers protect the experience of outward treaty in reciprocal reinsurance trading?

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Q. What is the purpose of involving professional reinsurers and intermediaries in the programme design stage?

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Q. As per market practice, the intermediary issues a cover note to the insurer. Which of the following is not included in it?

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Q. What is the common objective of both direct placements and dealing through intermediaries?

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Q. What is the advantage of using intermediaries in a soft market?

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Q. What is one of the challenges faced by intermediaries in the reinsurance market?

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Q. What is the main difference between direct placements and dealing through intermediaries?

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Q. What is the benefit of good reinsurance arrangements for the insurer?

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Q. What is the importance of keeping the structure of reinsurance arrangements and terms under constant review?

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Q. Why should one exercise caution when examining offers with lower rates from different reinsurers?

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Q. What is the purpose of arranging working covers on a per event basis and dovetailing them into the catastrophe cover?

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Q. What should be considered when selecting a reinsurer for the placement of top surplus?

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Q. What type of reinsurance examination is typically conducted for higher surpluses and facultative reinsurance?

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Q. What is the importance of continuity in relationships with reinsurers?

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Q. Why is it unwise to place too large a share of the treaty with a reinsurer?

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Q. What does the cover note in reinsurance placement summarize?

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Q. What is the role of the intermediary in reinsurance placement?

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