Which of the below is considered to be a true statement about facultative-obligatory reinsurance?

What are some of the elements used to calculate a reinsurance premium under the per occurrence catastrophe contract?
I. Limit being uninstalled.
II. limit being reinstated.
III. Time element.
IV. Annual premium.

Which of the statement from the solutions offered about prudent insurers do you consider to be true?

Which of the below is a true statement about reinsurance considering the variants you are given?
I. Reinsurance helps insurers address lack of experience available to price risks.
II. Reinsurance helps insurers refine underwriting skills.
III. Reinsurance helps insurers develop new product ideas.
IV. Reinsurance helps insurers underwrite risks beyond their own capacity/willingness to retain such risks.

Given the answering options below, which do you consider to be true regarding the non-proportional life reinsurance structures?
I. Part of the structures is the risks that are not ceded individually by the policy.
II. Non-proportional life reinsurance structures include catastrophe coverage.
III. The non-proportional life reinsurance structures cover stop loss.
IV. The non-proportional life reinsurance structures don’t cover stop loss.

What does providing underwriting guidance reinsurance does compared to the other types?

Which of the below do you consider it to be a true statement regarding a reinsurance program?

Which of the below is a true sentence regarding the definition of the treaty reinsurance?

What does a reinsurer consider when he is presented with a risk?
I. Wants to know about the cedant’s business type and how this performs.
II. How is the business run by the owner.
III. If they have proper systems for collecting data about the risks.
IV. If the system is proper so they can write to provide, as the reinsurer, with proper data.

What does the clause from the full reinsurance stipulate in any general type of contract?

What does the claims control clause include considering the options you are given?

What do losses occurring basis means considering the variants offered below?

Which are some of the reasons reinsurance is needed, in general in which situations?
I. Increase some assets.
II. Increase in UW capacity.
III. Decrease some expenses.
IV. Improve portfolio of insureds.

How does in general reinsurance improve someone’s portfolio of insureds considering the statements?
I. Divide risk into smaller parts.
II. Protection from pyramiding.
III. Global scale.
IV. Experience of the reinsurer.

What can be some of the things that can only be transferred by reinsurance given the options?
I. Parts of a single risk.
II. Parts of risks of certain types.
III. Parts of total risk balancing risk.
IV. Parts of partial risk involved.

Which are some of the main differences between the coinsurance and reinsurance considering the variants?
I. All coinsurers are contracting partners of the policyholder while the reinsurer is contracting partner only of the insurer.
II. All coinsurers and their quotas are indicated in the contract while the policyholder does not know whether the risk they had was insured.
III. The policyholder has a claim against each co-insurer in case of damage while the policyholder has no claim against the reinsurer.
IV. The policyholder has one claim only against each co-insurer in case of loss while the policyholder has multiple claims against the reinsurer.

Which sentence do you consider to be true when you think about the facultative reinsurance?

How would the semi-obligatory reinsurance be defined considering the below options given?

Which of the below are considered dividend options in life insurance policies?
I. Reduced premium.
II. Accumulation of interest.
III. Paid-up option.
IV. One-year endowment.

What happens to a policy’s cash value under an extended-term nonforfeiture option?

Who controls changes in the premium payments, face values, and loans in a life insurance policy?

What type of beneficiary can usually be changed at any point by the policy owner?

What is the advantage of reinstating a life insurance policy as opposed to applying for a new one?

What tasks can an M.A. help with in regards to fees for services rendered?
I. Ensure that patient information is current & up to date.
II. Explain to patients office policy pertaining to a fee for services.
III. Send an explanation of patient bill letters.
IV. Follow up on insurance claims, collect co-pays at the time of services.

What is the appropriate procedure for patients that file bankruptcy?

Which of the below is a true sentence about capitation, considering the options?

What dividend option can increase the death benefit of the existing life policy?

How would you define what consideration is when this is on the part of the insurer considering the options given?

What is the Appointed Actuary’s (AA) role in regard to reinsurance considering the statements?
I. Considerations of reinsurer’s and ceding company’s AA are different, but parallel.
II. Quality data is the responsibility of both reinsurer and ceding company.
III. A may not receive enough data or may not be sure about the recoverability of benefits.
IV. AA is responsible for an accurate statement of liabilities.

What is the trading of reinsurance treaties between insurers referred to considering the below?