Question
a.
Any violent act committed against government officials
b.
Any act that disrupts basic public services and systems
c.
Any act involving the use of force, violence, or harm for political, ideological, or social objectives
d.
Any act declared by the courts to be an act of terrorism
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Q. How is "Terrorist Activity" defined under the terrorism exclusion clause?
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Q. Which of the following activities or threats are associated with "Terrorist Activity" as per the exclusion clause?
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Q. Who determines whether an act constitutes a "Terrorist Activity" as per the exclusion clause?
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Q. According to the terrorism exclusion clause, which of the following is true regarding the coverage of losses?
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Q. What is the purpose of the terrorism exclusion clause in the reinsurance agreement?
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Q. In the terrorism exclusion clause, what does it mean when it states that the exclusion applies "regardless of any other cause or event"?
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Q. Who has the burden of proving the coverage for losses excluded under the terrorism exclusion clause?
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Q. Which of the following activities would NOT be considered a "Terrorist Activity"?
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Q. What is the condition under which an activity would NOT be considered a "Terrorist Activity"?
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Q. The ___________ clause states that premium is to be paid to the reinsurer at the same rate as received by the ceding insurer.What is the purpose of preparing a slip in the reinsurance placement process?
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Q. The ___________ clause states that premium is to be paid to the reinsurer at the same rate as received by the ceding insurer.
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Q. Which document follows the slip to evidence the placement, protection, and terms of cover in reinsurance?
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