Which of the below can be considered national data consolidation problems?
I. It may be difficult to avoid accounting for these operations twice when in fact there is only one risk transfer.
II. Numerous groups have international reinsurance programs, an entity first accepting risks internally, then retroceding them.
III. Group consolidation problems: a subsidiary cannot be accounted for both in its country of origin and in its parent company’s books.
IV. Because of widely differing counting rules, figures cannot be readily compared and aggregated.

Which of the below are considered to be true, valid reinsurance and used often?
I. Facultative reinsurance.
II. Treaty reinsurance.
III. Pro-rata reinsurance.
IV. Quota share reinsurance.

What will prudent insurers do in any given situation considering the options you are given?
I. Will avoid over-exposure in general.
II. Will try to avoid exposure at any risk.
III. Will always only take risks they have experience in.
IV. Only use facultative reinsurance to reinsure business.

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

Which from the below can be considered one of the most fundamental aspects that differentiate reinsurance from the retail insurance?

Which are some of the rules the deposit accounting for a contract generally observes?
I. The accounting is done on an individual contract-by-contract basis and the resulting contract-by-contract amounts are reported on a summary basis in financial reports.
II. The amount received for a contract is recorded as a deposit liability, with no revenue or expense impact.
III. The deposit liability is increased due to additional receipts, and usually investment income credits of some sort, and decreased due to payments.
IV. The deposit generally represents a present value of future payment obligations.

Which nonforfeiture option is automatically selected by the company if not chosen by the policy owner?

With the reduction of premium dividend option, how is the dividend used most of the time?

What settlement options are available in life insurance policies?
I. Lump-sum cash.
II. Fixed period.
III. Fixed amount.
IV. Life income.

With the interest-only settlement option what happens to the policy’s death benefits?

What are some of the dividend options in life insurance policies considering the variants offered?
I. Cash.
II. Reduced premium.
III. Accumulation of interest.
IV. Paid-up addition.

In case of a car accident, which of the answers given do you consider it to suit the situation?

How would you consider that the notion of an event could be defined by some of the answers given?

Which of the below answer is considered to be correct regarding the excess-of-loss treaty?

How could you define the annual stop-loss through some of the answers given below as a solution?

Which of the solutions given best describe taxation from your own perspective?

Which options given here about the pre-loss financing do you think are true?
I. Pre-loss financing can include a vehicle.
II. Pre-loss financing can include derivatives.
III. Pre-loss financing can include insurance.
IV. Pre-loss financing can include contingent capital.

Which statement about the post-loss financing from below is true from your perspective?

Which statement is valid regarding the loss-financing techniques from below?

How would you define the risk retention also sometimes referred to as self-insurance?

Which of the below do you think are true statements about risk transfer and hedging?
I. The risk transfer/hedging markets can increase the available pools.
II. The risk transfer markets cannot increase the available pools.
III. Risk transfer occurs through the insurance of the derivative markets.
IV. Risk transfer occurs through the insurance and derivative markets.

Which of the statements noted here about the insurance pricing regarding the market cycles do you think are true?
I. As a fair premium becomes a forward-looking estimate of expected future claims (losses).
II. The cost charged to the cedant is generally referred to as the rate on line.
III. The price of coverage is often determined by dividing the rate online by the actuarial probability of loss (minus 1);
IV. Pricing cannot be unfair or egregious, and must certainly not be discriminatory.

From your own point of view which sentences mentioned here can characterize the soft market?
I. A soft market for insurance is characterized by the excess supply of risk capacity, which leads to lower premiums.
II. A soft market might develop when the system is flush with capital that needs to be allocated productively.
III. Insurers lower their underwriting standards in order to win incremental business.
IV. Insurers might lower their premiums as additional competitors enter the marketplace.

How is it consider the risk when a company is able to access new sources of risk capacity?

Which statement about the traditional insurance from your perspective is valid?

Which sentence is true about credit risk regarding any corporation in general?

Which of the below is a true statement from the options that are given to you?

Which of the below is the true one about the alternative risk transfer market?

Which statement regarding the ART market regulation barriers is the correct one?

Which of the below is the true statement if you think in general about regulatory barriers?