Question
An arrangement between two insurance companies whereby
one transfer is a part of risk to other company is called?Solution
The correct term for the described arrangement is "Reinsurance." It involves one insurance company (the ceding company) transferring a part of its risk to another insurance company (the reinsurer) in order to mitigate its overall risk exposure. This allows the ceding company to manage its liabilities more effectively.
What was the main objective of the MAHARISHI initiative launched at MACS 2023?
ICBN (International Code of Botanical Nomenclature) is related to terminology of_?
The Central Silk Board was established in:
Which of the following is not a basic principle of food preservation?
Which two new soil orders have been added in US Soil Taxonomy after 1975 ?
Soils having white encrustation of soluble salts at the surface, known as __ ?
For determination of soil microbial biomass, carbon extracting agent used is
Epipyropes melanoleuca is a parasitoid of
Which among the following antibiotics is obtained from fungi?
Which state is the top producer of Cotton in India?
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