Question
What is the term for insurance purchased by an insurance
company directly from one or more insurance companies or through a broker for the purpose of risk management?Solution
Reinsurance, often called "insurance for insurance companies," results from a contract between a reinsurer and an insurer. In it, the insurance company—known as the ceding party or cedent—transfers some of its insured risk to the reinsurance company.
Which one of the following diagrams best depicts the relationship among Cement, Bricks and Building materials?
The following Venn diagram shows the number of students who like to eat three different fruits (Dates, Mango, Cherry)
Which of the following diagram correctly represents the relationship between Tiger , Giraffe and Animals ?
If ‘+’ means ‘×’, ‘ – ‘ means ‘÷ ‘, ‘×’ means ‘ – &lsqu...
In the given figure, how many black are big but not pencil?
Choose the Venn diagram from the given options which represents the correct relationship amongst the following classes:
Crocodiles, Lizards, Rept...
Which of the following diagrams best depicts the relationship between Apple, Banana, Vegetable.
How many people likes ice cream?
The diagram represents the number of students studying different subjects. What is the number of students who study both Hindi and Chemistry?
Relevant for Exams:
