Question
Which of the following statements about a Ceding
Company in insurance is true?Solution
Explanation: A Ceding company is an insurance company that transfers part or all of the risk it has assumed to another insurance company called the Reinsurer. In return for transferring the risk, the Ceding company receives a commission from the Reinsurer, which compensates the Ceding company for getting the business and sharing the premium amount received to cover 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 ?
...
Relevant for Exams:
