Question
A catastrophe event occurs after year-end but before
approval, affecting many policies. How should the insurer treat it?Solution
If event occurred after the reporting period, it’s non-adjusting; disclose.
Statement:
Some mad are sad.
Only a few sad are bad.
All bad are lad.
No lad is dad.   Â
All dad are gad. Â
...Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
In each group of questions below are two conclusions followed by five set of statements. You have to choose the correct set of statements that logicall...
Statements:
Q ≥ R = P; R > S ≥ Z; S ≥ B < C
Conclusions:
I. C > Z
II. B < Q
Statements:
Only a few kites are sticks.
Only a few kites are string.
Conclusions:
1) Some strings being sticks is a possibi...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Statements: D < E = F; G < D ≤ H; K < F ≤ A
Conclusions:
I. G < A
II. H > K
III. E > H
.... In the questions given below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
As per the coach of a hockey team, like any other challenging sport, hockey requires intense practice in order for one to become proficient. But many ho...
In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if ...