The proportion of the risk which the direct insurer holds on his own account refers to _______
A) Line
B) Retention
C) Retrocession
D) Ceding insurer
Correct Answer:
Verified
Q5: Which of the following steps in the
Q6: Main emphasis of risk management is on
A)risk
Q7: The Concept of Insurance is _
A)to share
Q8: Insurance covers the risk of most certain
Q9: Insurance cover _
A)protects assets
B)prevents loss
C)reduces the impact
Q11: The business of insurance is related to
Q12: Who are the beneficiaries of Insurance?
A)Society
B)Individual
C)Business
D)All of
Q13: In insurance contracts, the insurance company is
Q14: For introduction of a group scheme, we
Q15: When choosing group life insurance, most groups
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