……………. Is an arrangement between two insurance companies whereby one transfers a part of risk to other .
A) Re insurance
B) Sub insurance
C) Shared policy
D) None of these
Correct Answer:
Verified
Q1: Insurance business in India is regulated by
Q2: Under ………….. , the sum assured is
Q3: ………………… is the amount payable to the
Q4: An annual payment which an insurer guarantees
Q5: The amount given to the policy holder
Q7: Revenue account is also called …………………………………
A)Share holders
Q8: Valuation balance sheet is prepared by …………………
Q9: The commission earned by insurance companies from
Q10: The commission given by insurance companies to
Q11: The profit and loss amount of general
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