Question
What is the minimum amount of unexpired risk reserve
mandated by the Executive Committee of the General Insurance Council for Other Insurance?Solution
For Other Insurance, as per the Executive Committee of the General Insurance Council, the minimum amount of unexpired risk reserve that needs to be retained is 50% of the premium. This implies that insurance companies must keep aside half of the premium they receive for other types of insurance policies to ensure they have sufficient funds to meet future claims and obligations.
How is I’s mother related to J?
Which of the following can be the correct conclusion drawn from the expression?
‘R + S % T $ U @ V’?
How is O related to N’s brother?
Answer the questions based on the information given below.
In a family of three generations, there are eight members F, G, H, I, J, K, L and M....
Who is the maternal uncle of K?Â
N is the mother of O. O is the mother of Q. Q is the brother of P. P is married to R's daughter. S is the son of R. T is the only sister of S. How is O ...
There are seven members (R, S, T, U, W, Y and V) in a family. V is the daughter of T’s brother. Y is the father of R. W is the mother of Y. U is fathe...
Newman pointed at a photo of a woman and said, “She is the daughter of my paternal grandfather’s only son”. What is the relation of Newman with th...
Who among the following person is the son of A?
Answer the following questions based on the information given below.
There are eight persons G, H, I, J, K, L, M and N in a family of three gen...
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