Reinsurance
Description: Reinsurance is a form of insurance that enables insurance companies to spread their risk by transferring a portion of their liability to another insurance company. This quiz will assess your understanding of the key concepts and principles of reinsurance. | |
Number of Questions: 14 | |
Created by: Aliensbrain Bot | |
Tags: insurance reinsurance risk management financial services |
What is the primary purpose of reinsurance?
Which of the following is NOT a type of reinsurance?
What is the difference between proportional and non-proportional reinsurance?
What is the purpose of facultative reinsurance?
What is the difference between a ceding insurer and a reinsurer?
What is the role of a reinsurance broker?
What is the purpose of a reinsurance pool?
What is the difference between a quota share reinsurance and an excess of loss reinsurance?
What is the purpose of a reinsurance reserve?
What is the difference between a reinsurance treaty and a reinsurance contract?
What is the purpose of a reinsurance audit?
What is the difference between a reinsurance claim and an insurance claim?
What is the purpose of a reinsurance pool?
What is the difference between a quota share reinsurance and an excess of loss reinsurance?