Question
What is the role of a Ceding Company in insurance?
Solution
Explanation: A Ceding Company acts as the primary insurer and transfers part or all of the risks it has underwritten to another insurance company known as the Reinsurer. This process is known as reinsurance, and it allows the Ceding Company to mitigate its risk exposure and share the premium received with the Reinsurer. In return, the Reinsurer assumes a portion of the liability and pays a commission to the Ceding Company for transferring the risk.
The series given below contains a sequence of numbers. Accordingly identify the incorrect number.
85, 84, 81, 88, 77, 92, 72
147 138 120 93 ? 12
...12 10 13 18.5 25.50 ...
25, 200, 40, ?, 64, 512
21, 22, 48, 153, 628, ?
102, 246, 442, 698, 1022, ?
2 3 3 ? 49 254
...In the question, three series I, II and III are given. Find the value of x, y and z to establish the correct relation among them and choose the correct...
49 121 169 289 361 ?
...0 2 6 12 20 ?
...
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