How would you define reinsurance as in general considering the variants given below?

What are the aspects that define differently loss versus allocated loss adjustment expenses (ALAE), considering the options given?

What will prudent insurers do in any given situation considering the options you are given?

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

In which circumstances and situations do the reinsurance helps insurers?
I. When they need to reduce capital requirements.
II. To improve solvency ratios.
III. In the situation needed to accelerate the realization of future profit streams.
IV. When they need to reduce new business strain (cash or reserve).

Which of the following types can be assumed to be part of the reinsurance entries?
I. Contingent commissions are receivable from or payable to the reinsured company.
II. Losses payable to the reinsured company on paid losses and on case reserves.
III. Security, or funds deposited with the reinsured company and letters of credited provided for the benefit of the reinsured company.
IV. Premiums assumed from the reinsured company, the unnamed portion of the assumed premiums, and assumed premiums that are still uncollected.

What does by definition the loss cycle say considering the options given as answers?

What do you understand when you think about the alternative market considering the variants given?

What does the reinsurance that facilitates withdrawal from a market segment takes care of?

Under what nonforfeiture option does the company pay the policy’s surrender value and have no further obligations to the policy owner?

Which settlement options do you think that is available in life insurance policies?
I. Lump-sum cash.
II. Fixed period.
III. Fixed amount.
IV. Life income.

What type of the beneficiary is next in line after the main primary beneficiary?

What is the main purpose of the settlement options in any life insurance policies settled?

What are some of the most common exclusions in life insurance policies, considering the variants given?
I. Military service.
II. Hazardous occupation.
III. Aviation.
IV. War service

What does, in general, the term ‘double indemnity’ mean and which of the statements are correct related to this?

How is an insurance company that is created usually for the purpose of writing the parent cie’s own insurance?

Which of the following do you consider that is a true statement regarding the quota share?

Which statement from below is the valid reinsurance definition given in 1982 by Picard and Besson?

Which of the below options given is the correct statement regarding reinsurance?

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

Which of the below countries do you think are historically important domiciles for reinsurance companies?

Which statement about the reinsurance method presented below is a true sentence?

Which of the below solutions are valid sentences about the reinsurance in general?
I. Obligatory reinsurance restores symmetry between the contracting parties.
II. The obligatory reinsurance is the most used form of reinsurance.
III. The reinsurer is obliged to accept all the cessions that are proposed to him under certain condition.
IV. The term “obligatory” is often dropped for treaties.

Which is the payment procedure in general for the reinsurance process?

How is the dispute resolutions like any commercial contract setting their procedures?

Which of the below do you consider to be true statements about proportional reinsurance treaties?
I. Proportional reinsurance treaties are so named because they are constructed in order that Ceded Premiums/Gross Premiums = Ceded Claims/Gross Claims.
II. The ceded premium and claim rates are equal.
III. The insurance premium and claim rates are equal.
IV. The two kinds of proportional treaties are the quota-share treaty and the surplus treaty.

Which sentences do you consider that could be correct about quota-share, in general?
I. This is the simplest reinsurance treaty.
II. The reinsurer cedes a percentage (1 − a) of his premiums as well as of his gross claims.
III. With a quota-share, the cedant and the reinsurer have exactly the same ratio S/P.
IV. An advantage of this treaty is the ease with which it can be implemented and handled.

How does the reinsurance commission work and which is the correct sentence?

Which sentence from the below offered as a solution about the surplus treaty do you consider to be true?

Which answer from below do you consider from your own perspective to be correct about the non-proportional reinsurance?