Question
An insurance company enters into an agreement with
another insurer to transfer a portion of its risk portfolio relating to catastrophic losses. This agreement includes terms for premium sharing and claim liability distribution. What is this practice known as, and how does it impact solvency?Solution
Reinsurance helps reduce risk concentration, thereby improving solvency by transferring part of the risk to other insurers.
Select the option that is related to the third word in the same way as the second word is related to the first word
(The words must be consider...
Select the option in which the pair of words is not related in the same way as the pair of words clusters given below.
Abundant: Plentiful
Select the set in which the numbers are related in the same way as are the numbers of the given set. (NOTE : Operations should be performed on the whole...
Read the given statement and conclusions carefully. Decide which of the given conclusions is/are definitely true from the statement.
Statement: Q...
From which of the following words we get a new meaningful word if we add the prefix ‘Un’?
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter cluster.
<...Select the option that is related to the third word in the same way as the second word is related to the first word.
(Note: The words must be con...
Select the option in which the words share the same relationship as shared by the pair of words below.
Gullible : Naive
Select the option that is related to the fifth term in the same way as the second term is related to the first term and the fourth term is related to t...
Select the option that is related to the third word in the same way as the second word is related to the first word.
Rose: Flower :: Oak: ?
