Facultative Reinsurance: It is that type of reinsurance whereby the contract relates to one particular risk and is expressed in a reinsurance policy.. Each transaction under Facultative Reinsurance has to be negotiated individually and each party to the transaction has a free choice, i.e. for the ceding company to offer and the reinsurer to accept. The main drawback of this type of insurance is the volume of work involved and time taken to cover the risk.
Which of the following are the components of AASHA?
1. Price Support Scheme (PSS),
2. Pri...
Which of the following gives a detailed report on revenue collected from different items like corporation tax, income tax, wealth tax, customs, union ex...
What percentage of an employee's basic salary is contributed to the EPF by the employee?
Which of the following Statements about the Government Securities is/are True?
I- They are less likely to be defaulted, as backed by the Sover...
What does the e-NAM platform offer to buyers and traders to enhance transparency in trading?
When was the AMRUT Scheme launched?
What is the Rank of India in the Global Gender Gap Report 2022?
Which of the following sectors is not part of the Industrial Index of Production ?
What is the interest rate calculation method for the Sukanya Samridhi Yojana, and how is the interest compounded?
Fill in the First Blank with the year Right to Education Act was passed.
