Question
Which type of reinsurance involves one particular risk
and is expressed in a reinsurance policy, with each transaction negotiated individually and offering both the ceding company and the reinsurer a free choice?Solution
Facultative Reinsurance: It is that type of reinsurance whereby the contract relates to one particular risk and is expressed in a reinsurance policy.. Each transaction under Facultative Reinsurance has to be negotiated individually and each party to the transaction has a free choice, i.e. for the ceding company to offer and the reinsurer to accept. The main drawback of this type of insurance is the volume of work involved and time taken to cover the risk.
Select the option that represents the letters that when sequentially placed from left to right in the blanks below, will complete the letter series.
...Select the option that represents the letters that, when placed from left to right in the same sequence in the blanks below, will complete the letter se...
Select the combination of numbers that when placed sequentially in the blanks of the given series will complete the series.
a b _ d _ f g _ i _...
Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
p _ _ _ q r _ ...
Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
m _ _ _ n o _ ...
Select the option that represents the letters that, when sequentially placed from left to right in the blanks below, will complete the letter series.
RQP, ONM, ____, IHG, FED, find the missing letters
Select the combination of letters that when sequentially placed in the blanks of the given series will complete the series.
G _ I _ K G H I _ K _ _ _ J K
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
OA, LG, IM, FS, (?)
...Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
g _ _ _ h i _ ...
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