Question
Which of the following is NOT a factor considered in a
"burning cost" analysis?Solution
The correct answer is C. Investment income. Burning cost analysis primarily focuses on factors directly related to claims, such as past claims experience, inflation, and changes in exposure. Investment income is not a direct factor in this analysis.
Which of the following company is not a foreign insurance company?
The 'No Claim Bonus' is calculated based on:
Which of the following term is used when the loss is caused by two or more causes acting simultaneously or one after the other?
Which of the following is NOT a key expense considered in premium calculation?
To which of the following thing we can do insurance?
The Insurance Act was first introduced in India in:
General Insurance Corporation of India (GIC) was established in:
Which of the following does NOT form a part of “Book” price calculation?
The insurance in which risks are shared between multiple insurers is known as?
Commercial coverage against losses resulting from the failure of business debtors to pay their obligation to the insured, usually due to insolvency is t...
