Question
In a "hard market," what typically happens to insurance
premiums and coverage?Solution
The correct answer is B. Premiums increase and coverage is restricted. In a hard market, insurers become more selective in the risks they underwrite, often reducing coverage and increasing premiums to maintain profitability.
What is the name of the new feature introduced by Google Search to assist users in verifying the origins of images encountered online?
Which teams played the first-ever men’s T20 International cricket match?
Recently a new district named Sarangarh-Bilaigarh has been formed in which state?
What percentage of priority sector lending did UCBs achieve in FY23, surpassing the RBI's target?
Who has taken oath as the new Deputy Chief Minister of Maharashtra?
Madhya Pradesh Chief Minister Shivraj Singh Chouhan increased the financial assistance under the Ladli Behna Scheme and announced additional benefits fo...
What is Lien Concept?
The Minister of Housing and Urban Affairs and Petroleum and Natural Gas, Shri Hardeep Singh Puri, has launched an innovative project the NIPUN for worke...
Which vessel is the first Fast Patrol Vessel (FPV) inducted into the Indian Coast Guard out of the eight being built by Goa Shipyard Limited (GSL)?
The Ministry of Home affairs completed the ‘Mother Tongue Survey of India’ with a file video of ____ languages in the country.
