Question
A type of reinsurance in which the re-insurer
indemnifies the ceding company for losses that exceed a specified limit is called?Solution
Excess of loss reinsurance is a type of reinsurance in which the reinsurer indemnifies the ceding company for losses that exceed a specified limit. Excess of loss reinsurance is a form of non-proportional reinsurance. Depending on the language of the contract, it can apply to either all loss events during the policy period or losses in aggregate. Treaties may also use bands of losses that are reduced with each claim.
Statements:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Some roses are sunflowers.
Some sunflowers are lotus.
Conclusions:Â ...
Statements: Â Â Â Â Â Â Some wires are widths.
                            No width is a length.
Concl...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements:
A few Red is Green.
60% Black is Green.
Only Green is Pink.
Conclusion:
I. No Pink is Black.
II. Some Black is Red.
Statements:Â
No watch is mobile
Some phones are shoes
All shoes are watch
Conclusion:
I. Some phones are not mob...
Statements:Some Pulsar are not bajaj.
All bajajs are Hero.
Conclusions:I. Some bajaj are not Pulsar.
II. Some Heros are not bajaj...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...
Statements:
Only a few Orange is Basket.
All Hampers are Baskets.
No Hamper is a Gift.
Conclusions:
I. Some Hampers c...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statement:
All Pens are pencil.
Only Pencils are Laptop.
Only Pens are Mobile.
Only Pencils are Book.
Conclusion :...
