Question
A standing agreement between insurers and reinsurers.
Under a treaty each party automatically accepts a specific percentage of the insurer’s business is termed as?Solution
Treaty reinsurance is a type of reinsurance in which the reinsurance company accepts all of a particular type of risk from the ceding insurance company. Treaty reinsurance is one of the three main types of reinsurance contracts, the others being facultative reinsurance and excess of loss reinsurance. Treaty reinsurers are obliged to accept all risks outlined in the treaty reinsurance contract.
Statements: All TVs are laptops.
Some laptops are computers.
All computers are keyboards.
Conclusions: I. Some TVs may be compute...
Statements:
All Wrappers are Wafers.
Only a few Wafers are Celebrations.
No Celebration is Party.
Conclusions:
I. All...
Statements:
Only a few Barber is Patient.
No Patient is Open.
Only a few Teacher is Doctor.
Conclusion:
I. All Doctor...
Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be a...
Statements: All stairs are marbles.
All marbles are tiles.
Some tiles are irons.
Conclusions: I. Some tiles are stairs.
I...
Statements:All circles are rectangles.
No rectangle is a square.
Conclusions:I. No square is a rectangle.
II. Some rectangles are...
Statements:
Some Marble are Colour
Only a few Colour is Tile
Only Tile is Floor
Conclusions:
I. All Tile being Colour...
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...
Statements
Only a few Parrot is Birds
All Birds is Sparrow.
Some Sparrow is Kiwis.
Conclusions
I. All Sparrow is bein...
- 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 they ...
