Question
Section 64VA(1) of the Insurance Act specifies a
criteria related to sufficiency of assets that every insurer and re-insurer should at all times maintain an excess of assets over liabilities?Solution
Sufficiency of assets [Section 64VA(1)]: Every insurer and re-insurer should at all times maintain an excess of value of assets over the amount of liabilities of, not less than fifty per cent. of the amount of minimum capital as stated under section 6 and arrived at in the manner specified by the regulations.
If a + b + c = 5, a³ + b³ + c³ = 95 and abc =15, then find the value of a² + b² + c² – ab –bc – ca
Given that x8-34x4+1=0, x>0. What is the value of (x3+ x-3)?
In â–³ ABC, AB = AC. A circle drawn through B touches AC at D and intersect AB at P. If D is the midpoint of AC and AP = 2.5 cm, then AB is equal to:
- If (x + y + z) = 10 and (x 2 Â + y 2 Â + z 2 ) = 52, then find {z(x + y) + xy}.
- If x 4  – 83x 2  + 1 = 0, then the value of x 3  - x -3  can be:
If the 14th term of an arithmetic series is 6 and 6th term is 14, then what is the 95th term?
If, p³ + q³= 485 and (p + q = 5), then find the value of [(1/p) + (1/q)]
- If {x + (1/x)} = 8, then find the value of {x 4 Â + (1/x 4 )}.
If x4 + x - 4 = 47 then find the value of (x + x-1).
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