Q. What is the characteristic of premium payments in a Finite Risk program?

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Q. How are finite risk solutions typically written?

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Q. What is the role of investment income in premium calculation for Finite Risk programs?

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Q. What is the concern raised by critics regarding finite risk or nontraditional insurance products?

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Q. What is the requirement for a reinsurance contract to be considered as reinsurance for accounting purposes?

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Q. What is the "10-10 rule" regarding risk transfer?

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Q. What is the primary objective of financial reinsurance?

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Q. How is financial reinsurance different from finite reinsurance?

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Q. What does the ceding insurer receive in financial reinsurance?

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Q. How is the amount of ceding commission determined in financial reinsurance?

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Q. What does the ceding insurer appropriate the ceding commission for in financial reinsurance?

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Q. What type of risk transfer is involved in financial reinsurance?

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Q. Where is financial reinsurance often used as a means to increase solvency margin?

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Q. What are the charges included in the risks covered by financial reinsurance?

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Q. What does the ceding commission contribute to in financial reinsurance?

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Q. When is financial reinsurance considered a useful tool?

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Q. How long does a financial reinsurance contract typically last?

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Q. Besides increasing the fund and capital, what other means of strengthening owned capital do insurance companies often use with the approval of the Regulator?

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Q. Which of the following is NOT a variant of financial reinsurance?

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Q. What is the purpose of a "time and distance" policy in reinsurance?

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