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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Q. In a reinsurance company, who is responsible for the acceptance of business and the profits made?

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Q. Which factor contributes to increasing the credibility of the primary insurer and aids in the renewal of treaties?

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Q. What is the importance of maintaining accurate statistics in reinsurance business?

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Q. What is the purpose of reviewing acceptances in reinsurance business?

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Q. What information is summarized in a reciprocal exchange in reinsurance?

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Q. Why is careful control required for accumulation hazards in reinsurance business?

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Q. What do ceding insurers and reinsurers need periodical statistics for?

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Q. ABC ltd provides database access to their customers as an extension of the intranet to download and use certificates of insurance or to ascertain their own account balance status, etc. This access is known as ____________

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Q. The basic statistics relating to a treaty are collated from _____________ as sent and received.

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