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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Q. How does the spread loss reinsurance contract protect the insurer?

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Q. Which country precludes the use of spread loss reinsurance?

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Q. What is the purpose of a loss portfolio transfer in reinsurance?

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Q. What percentage of the ceded loss portfolio is typically assumed by reinsurers in a loss portfolio transfer?

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Q. What is the main effect of a loss portfolio transfer on the insurer's balance sheet?

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