Question

What is the principal objective of the F.A.I.R Non-Life Reinsurance Pool?

a.

To accept reinsurance and retrocession business from the African and Asian markets.

b.

To provide insurance for the aviation and energy sectors.

c.

To facilitate trade in services between member countries.

d.

To promote foreign direct investment in developing countries.

Answer: (a).To accept reinsurance and retrocession business from the African and Asian markets. Explanation:The principal objective of the F.A.I.R Non-Life Reinsurance Pool is to accept reinsurance and retrocession business from the African and Asian markets. This indicates that the pool focuses on providing reinsurance services for these regions.

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Q. What is the principal objective of the F.A.I.R Non-Life Reinsurance Pool?

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