Question
A non-life insurer has a motor insurance portfolio
showing increasing loss ratios for three consecutive quarters, rising from 72% to 91%. What internal risk control measures should the insurer prioritize to mitigate credit and underwriting risk?Solution
Repricing and reassessing underwriting norms are vital in controlling credit and claim risks.
Independence of Judiciary is inevitable in:
Order 32 of CPC is related to:
As laid down under the Prevention of Corruption Act who has the authority to appoint special Judges?
The Chairperson and the whole-time members of PFRDA are prohibited from further appointment under the Central or State Government for a period of β¦β¦...
What is the main purpose of the doctrine of stare decisis in the legal system?
βAβ instigates βBβ to murder βCβ. But βBβ refuses to do so. Has βAβ committed any offence?
Select correct answer using opti...
Under which Section of Evidence Act, a tenant of immovable property is estopped from denying a title of the landlord to that property?
What does the Writ of Prohibition, which is used a means to exercise judicial review, mean?
Which section of the Prevention of Corruption Act delas with the provisions of appeal and revision?
A proceeding instituted in a civil court by the presentation 'of a plaint is called' ___________