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
- If the shareholder has purchased a share when the market price is Rs.50 and sold after a year to Mr. B at 55 and he has received the dividend of Rs.10, wha...
- Operating leverage measures a company's sensitivity to changes in sales volume. It is primarily driven by the proportion of which type of costs in its cost...
- Which state was declared India’s first fully literate state in 2025?
- In the Budget proposed on 1st February 2017, what is the maximum limit imposed on cash transactions?
- Which of the following is correct about cash equivalents?
- A firm produced goods of Rs. 80,000 and spent Rs. 6,000 on carriage outward. At the end of the year, cost of goods still unsold was Rs. 2,000. Sales during...
- An insured house valued at ₹40 lakh is insured for ₹20 lakh. A fire causes ₹10 lakh damage. What will be the claim amount under the average clause?
- Which of the following alternatives is correct if assets are arranged in the order of liquidity?
- When the liquidation expenses are paid and borne by the transferee company, which of the following entry is made in the books of transferor company?
- Which of the following documents are commonly relied upon by lenders to validate a business’s operational and financial information during due diligence?
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)