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
What budget allocation was set for roads and highways for the year ending March 2026?
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Bank of Baroda launched its digital forex platform for corporate and MSME customers under the name:
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