Question
What is the safety margin that insurers must maintain to
safeguard the interests of policyholders called?Solution
Explanation: The solvency margin is the safety cushion that insurance companies are required to maintain to ensure that they have sufficient financial resources to cover potential losses and meet their obligations to policyholders. It helps protect policyholders' interests by ensuring that the insurer remains financially stable and capable of fulfilling its commitments.
A seller sold three types of fruits i.e. apples, bananas, and oranges. The number of apples sold is 30% of the total number of fruits sold, and the rati...
In an office, the ratio of the number of males to number of females is 11:8. If 3 males joined the class and 6 females left the class, then the ratio of...
The ratio of the incomes of Vineet and Vidya is 8:5 respectively. Vineet saves 30% of his income while Vidya saves 20% of his income. The sum of their e...
In a class, the ratio of number of boys to number of girls is 12:11. If 3 boys joined the class and 1 girl left the class, then the ratio becomes 7:6. F...
If p: q =1:3, q: r =2:1, r: s = 1:2, s: t =3:1 and t: u =1:4 then value of (p q r/s t u)3 =?
What number has to be added to each term of 2:5 to make the ratio 7:8?
The ratio of the two numbers is 4:11. 120% of the first number is equal to the 70% of the second number. Find the sum of both the numbers.
If x runs are second by Rohit, y runs by Shreyas and z runs by Virat, then x : y = y : z = 5:3. If total number of runs scored by Rohit, Shreyas and Vir...
The ratio between the number of males and females in a college is 25: 26. If the number of males increases by 20% and the number of females increases by...
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