Question
What is a type of reinsurance in which the reinsurer can
accept or reject any risk presented by an insurance company seeking reinsurance?Solution
Facultative insurance is reinsurance for a single risk or a defined package of risks. The ceding company (the primary insurer) is not compelled to submit these risks to the reinsurer, but neither is the reinsurer compelled to provide reinsurance protection. Each risk under a facultative contract is individually underwritten by the reinsurer. Agreement to provide reinsurance “facilitates” the primary insurer’s desire to write the business; without the reinsurance, the primary insurer may be unable to provide coverage for the agent.
To bring soil moisture to filed capacity, the amount of water applied is called
Hemiptera and Hymenoptera exhibit similarity in which of the following aspects of insect classification?
Foundation seed is the progeny ofÂ
Fair and remunerative price (FRP) is the minimum price at which rate sugarcane is to be purchased by sugar mills from farmers. The current FRP for the s...
If recombination occurs before the chromosome replication, percentage of parental type gametes will be:
Insectivorous plant show which type of movements?
Which one of the following is the nutrient has a key role in biology N-fixation?
Which of the following species of Rhizobium bacteria is responsible for nodule formation in Soyabean?Â
 “Irrigation – Theory and Practice” is written by _____
The range of usefulness of tensiometers is between
