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.

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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:

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Q. Electronic data processing (EDP) techniques in reinsurance have gained acceptance:

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Q. The process of implementing an EDP system in reinsurance involves:

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Q. The Reinsurance Manager is concerned with:

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Q. The use of PC and email in data processing enables:

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Q. What does networking with a mainframe and hardware arrangements like hubs and routers enable?

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Q. What is the term used to describe an internal network connecting all executives and offices within an organization?

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Q. How is access to an intranet typically restricted?

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Q. What is an extranet?

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Q. How do web-based portals and online reinsurance exchanges benefit insurers and reinsurers?

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Q. What is the term used to describe the process of electronically settling statements and making online payments?

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Q. According to Bill Gates, what term is used to describe a system where everyone has access to data that enriches their job and performance?

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Q. How does the availability of real-time data impact performance and growth?

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Q. An organization can internally connect all its executives and offices through a private internet arrangement. What term is used for such arrangement?

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Q. Which of the following is NOT a component of the organization of a reinsurance department?

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Q. What is the purpose of providing a current organizational chart with a brief description of members in an insurer's system?

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Q. What is the potential impact of a decentralized approach to underwriting in an insurer with multiple locations?

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Q. What is the potential impact of a decentralized approach to underwriting in an insurer with multiple locations?What information do regulators and investors typically seek when assessing an insurer's organization?

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Q. Why is delegation of authority important in an organization?

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