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.
Which of following statement is true?
In which direction is Alok’s house with respect to Sameer’s house?
Point L is 15 m north of point M. Point P is 5 m south of point Q. Point P is 8 m east of point O which is 11 m south of point N. Point R is 20 m north ...
Select the option that is related to fourth letter-cluster in the same way second letter cluster is related to first letter-cluster.
Lion: Mamm...
A man starts walking from point O reaches 5m east at point A. Then he turns to his right and walks 7m to reach point B. Again he turns to his left and ...
P is 30 meter to the East of Q. R is 26 meter to the north of Q and 10 meter to the west of S. T is 40 meter to the South of S. T is 20 meter to the Wes...
if at point O the person starts walking to this west and walks for 9km reaches point A, then what will be the distance between point J and A?<...
If V is 4m to the North of O, then what is the distance between V and P?
If U walks 18m towards the west and then takes a left turn of 24m then, what is the shortest distance between Q and U finally?
One morning Raghav met Bhaskar while walking in the park. Bhaskar noted that Raghav's shado was exactly to the left of Raghav. If they were facing each ...
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