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.
Statement:
Some pens are erasers.
Only a few erasers are sharpeners.
All sharpeners are copies.
Conclusion:
I. Some p...
Statements:
No teacher is a subject.
No subject is a book.
All scales are books.
Conclusions:
I. Â No teacher is...
Statements:
Some Branches are not Outlets.
Only a few Outlets are Stores.
All Stores are Camps.
Only a few Camps are Godown...
Statement:
All books are copy.
Only a few books are pen.
Some copy are pencil.
Conclusion:
I. Some books are not...
Statement : All times are distances.
All distances are trains.
All trains are averages.
No average is speed.
Conclusion:<...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
In the question below are given some statements followed by some conclusions. You have to take the given statements to be true even if they seem to be ...
Statements: Hands # Leg Arms % Leg Ear & Leg Eyes # Ear
Conclusions:
I. Hands % Arms
II. Eyes ≤ Ear
III. Arms $ Ear
IV. Eyes & Hands
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
