Question
a.
To assess the total liabilities in each zone
b.
To track changes in liabilities under various acceptances
c.
To arrange suitable catastrophe protection for existing commitments
d.
All of the above
Posted under IC85 Reinsurance Management
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What is the purpose of maintaining accumulation control sheets?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. Which regions are prone to volcanic eruptions?
View solution
Q. What approach should underwriters take to accumulations arising from catastrophic perils?
View solution
Q. Why do ceding insurers and reinsurers need periodical statistics of their business?
View solution
Q. What is the purpose of establishing a decision support system in reinsurance?
View solution
Q. Which of the following factors can affect underlying statistical trends in reinsurance?
View solution
Q. Who are the users of the information produced from a statistical base in insurance and reinsurance organizations?
View solution
Q. What are some of the uses of the information produced from a statistical base in insurance and reinsurance?
View solution
Q. What is the purpose of reconciling balances and reviewing cash flow in the context of evolving a statistical system?
View solution
Q. What type of information is required for retrocession treaties in the context of evolving a statistical system?
View solution
Q. In the case of _________________, all business exchanged with the insurer or reinsurer is summarised in a sheet, showing cessions on one side and matching acceptances on the other side.
View solution
Q. With the wider use of computers and telecommunications, there is a growing preference for simplified administration procedures in the reinsurance industry. This has led to:
View solution
Q. Electronic data processing (EDP) techniques in reinsurance have gained acceptance:
View solution
Q. The process of implementing an EDP system in reinsurance involves:
View solution
Q. The Reinsurance Manager is concerned with:
View solution
Q. The use of PC and email in data processing enables:
View solution
Q. What does networking with a mainframe and hardware arrangements like hubs and routers enable?
View solution
Q. What is the term used to describe an internal network connecting all executives and offices within an organization?
View solution
Q. How is access to an intranet typically restricted?
View solution
Q. What is an extranet?
View solution
Q. How do web-based portals and online reinsurance exchanges benefit insurers and reinsurers?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC85 Reinsurance Management? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
