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.
If ‘A’ denotes ‘addition’, ‘B’ denotes ‘multiplication’, ‘C’ denotes ‘subtraction’ and ‘D’ denotes ‘division’, then wha...
A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.
NIE, QLH, TOK, WRN, ...
Read the directions carefully and answer the following question.
Eight friends A, B, C, D, E, F, G and H are sitting around a circular table, f...
What should come in place of '?' in the given series?
18 32 60 116 228 ?
11 is related to 45 following a certain logic. Following the same logic, 3 is related to 13. To which of the following is 6 related following the same l...
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE : Operations should be performed ...
Study the given pattern carefully and select the number that can replace the question mark (?) in it.
(6, 4, 6)
(18, 9, 13)
(8, 6, ...
Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and th...
Select the figure that will come next in the following figure-series.Â
The second number in the given number pairs is obtained by performing certain mathematical operation(s) on the first number. The same operation(s) are f...