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Arbitrage is the simultaneous purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms. Arbitrage exists as a result of market inefficiencies.
__________ in insurance is the splitting or spreading of risk among multiple parties.
A comprehensive motor insurance policy covers:
A property or liability insurance contract in which all risks of loss are covered is called?
What is the difference between "reinsurance" and "co-insurance"?
“Prithvi, Agni, Jal, Akash, SabkiSurakshaHamarePaas” is the tagline of which insurance company?
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. I...
Which component of an insurance policy includes the name, logo, and contact details of the insurer?
Erection All Risks (EAR) Policy is also known as:
All Risks Insurance is commonly used to cover:
Section 39 of Insurance Act related with which of the following ?