Question
Contract under which the ultimate liability of the
reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underwriting component is called?Solution
Finite risk insurance is the term applied within the insurance industry to describe an alternative risk transfer product that is typically a multi-year insurance contract where the insurer bears limited underwriting, credit, investment and timing risk
The transfer of an actionable claim shall be effected:
Which of the following is/ are correct statements/s?
 I.       De facto and De jure are two modes of recognition.
II. De facto...
In the case of Parag Engineering Works vs Union of India and Ors. the Court discussed the meaning and application of ________________-
Which of the following emergencies has been declared for the maximum time in India:
Under Minimum Wages Act, no Court shall entertain any suit for recovery of wages in so far as sum so claimed _______________.
As per the provisions of the IRDA Act with respect to the tenure of office of the chairperson and other persons, no person shall hold office as a Chairp...
Robbery:
Who are not competent to Contract as per the Contract Act?     Â
Pardon may be tendered to an accomplice under Section 306 CrPC when
Which is the correct order of examination of Witnesses?Â