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.
The arithmetic means of the following data is.23,17,20,19,21,20,20
At a certain time in a park, the number of heads and the number of legs of monkeys and human visitors were counted, and it was found that there were 54 ...
If p = q + 2, where q is the product of six consecutive positive integers, then which of the following is/are true? Â
a. p is a perfect cube
If 3, x, y, 48 are in GP and x, y, 45 in AP, find x and y.
Find the mode of the data: 2, 2, 3, 5, 15, 15, 15, 20, 21, 23, 25, 15, 23, 25.
The number of marbles with ‘Ankit’ and ‘Bhavya’ together is 25 more than that with ‘Chetan’, while the number of marbles with ‘Bhavya’ a...
Find the sum of geometric progression, 40, 20, 10, 5, …..
If A and B are two sets such that the number of elements in A is 20, a number of elements in B is 18 and the number of elements in both A and B is 10, f...
The ratio of selling price, cost price, and marked price of an article is 4:2:7, respectively. If there is a profit of Rs. 600 in the transaction, then ...
The mean of the sample data = 60 and median = 48. Find the mode of this distribution.
