Question
In a certain code language, ‘BUTTER’ is coded as
‘CWWSCO’ and ‘THEORY’ is coded as ‘UJHNPV’. How will ‘LATENT’ be coded in that language?Solution
Which of these changes would typically require an endorsement?
What percent shares of New India Assurance Co Ltd is owned by Government of India?
The “Malhotra Committee” was established to:
What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?
Which part of the policy includes details such as policy duration and limits of liability?
The New India Assurance Co. Ltd. was a subsidiary of which of the following company?
A form of reinsurance that indemnifies the ceding company for the accumulation of losses in excess of a stipulated sum arising from a single catastroph...
Which of the following is a combination of insurance as well as investment ?
A policy that can be cancelled or have the premiums raised by the insurer on a specific anniversary date, subject to certain reasons written into the po...
In case of ambiguity in policy wording, which rule is applied?
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