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8/15P = 4/5 Q P/Q = 3/2 P:Q = 3:2 ∴ Q’s share = 2/5×2,420 = Rs 968
What is the primary function of a reinsurer?
Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called ____.
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
What is the purpose of "mitigation of loss"?
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
The role of a risk engineer in the insurance process is to:
Agriculture Insurance Company of India Limited was incorporated with an authorised share capital of INR ______ billion.
Which of the following institution was setup with the objective of promoting exports from the country by providing credit risk insurance and related ser...
What is a life insurance policy that remains in force for the policyholder’s lifetime?