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?
More Accounts Questions
- Which of the following allowances is NOT taxable under Income under head Salaries?
- Which of the following is NOT a type of insurance?
- The work of one clerk is automatically check by another clerk is called _________.
- The matching of revenue and related expenses gives which of the following?
- Calculate the cost of work uncertified if total cost incurred to date is Rs. 5,00,000 and cost of work certified is Rs. 3,00,000.
- Which of the following best describes SAP as an ERP system?
- Which of the following is true?
- NOI approach advocates that the degree of debt financing is:
- Which of the following investments are covered under the scope of Ind AS -40?
- A retailer begins the month with 200 units valued at ₹50 per unit. During the month, they purchase 300 units at ₹55 and later 500 units at ₹60. By month-en...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)