Question
A form of reinsurance that indemnifies the ceding
company for the accumulation of losses in excess of a stipulated sum arising from a single catastrophic event or series of events is termed as?Solution
Catastrophe reinsurance is purchased by an insurance company to reduce its exposure to the financial risks associated with a catastrophic event occurring. Catastrophe reinsurance allows the insurer to shift some or all of the risk associated with policies that it underwrites in exchange for a portion of the premiums that it receives from policyholders.
The Constitution of India borrowed the concept of the Directive Principles of State Policy from the Constitution of
In which country is the Nasdaq Stock Market headquartered?
Which one of the following is correct in respect of Article 41 (Right to work) under the Constitution of India?
In which foreign banks can the Reserve Bank of India ( RBI ) keep its forex reserve gold?
1 ) Bank of England
2 ) Federal Reserve Ban...
Identify a class of compounds that has a functional group –OH.
Which of the following is a weakest acid?
The first ever Industrial Policy Resolution of India was announced in the year _______.
The SI number of electrical resistivity is-
As per the RBI’s FREE-AI framework for responsible AI adoption in the financial sector, how many strategic pillars have been identified?
Where was Azad Hind Fauj (INA) formed?
