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.
Who is called as Paanan according to Tamil Literature?
Select the misspelled word.
Select the option that shows the correct arrangement of the given words in the order in which they appear in the English dictionary.
1. Feather...
Freedom fighter Sagarmal Gopa was native of-
- Who wrote the book "The Origin of Species"?
An increase in the GDP of an economy is an indicator of which of the following?
In the context of Indian states formation after independence, Operation Polo is associated with which state?
Which of the following statement about India’s first union budget post-independence is INCORRECT?
Article 51 of the Constitution of India is related to which of the following provisions?
If the battle of Plassey was considered to be the beginning of British Rule then by which battle they completed the conquest of India?
