In this reinsurance arrangement, an agreement is made between the ceding company and the reinsurer(s), specifying limits for reinsurances that can pertain to monetary values, geographical regions, or sections of business. Within this contract, the reinsurer is obligated to accept all risks falling within the scope of the agreement, and the ceding company is required to cede risks as per the agreement's terms. What type of reinsurance is being described?
Treaty Insurance: Under this type of reinsurance a Treaty agreement is entered into between the ceding company and the re-insurer(s) whereby the reinsurances are within the limits of the Treaty. These limits can be monetary, geographical, section of business, etc. Under this contract it is obligatory for the re-insurer to accept all risks within the scope of this Treaty and it is obligatory for the ceding company to cede risks in accordance with the terms of the Treaty.
Which direction Mita is facing?
Statement I: Mita started walking from point P.
Statement II: She took two consecutive right turns...
In a certain code language ‘first letter represents second’ is written as ‘7$4@’. What is the code for ‘first’?
I. In a certain code ...
N, O, Q, R, S and U are standing in straight line facing north. Who among the following is between R and U?
I. U stand second to the right of ...
In the question below is given a statement followed by two courses of action, numbered I and II. It is assumed that everything in the statement is true....
Six persons namely – Rahul, Ganesh, Pooja, Dinesh, Reshma and Hemant are sitting in a circular table facing center but not necessarily in same order....
Seven boxes viz. A, B, C, D, E, F and G are kept one above other. How many boxes are kept below box G?
Statement I: Box C is kept third from to...
In a certain code language, “Hotelier Collapsed died” is coded as “wd cx bs”. “Collapsed Jobs while exercising” is coded as “yq mr cx ko...
What is the code for ‘ mankind ’ in the code language?
Statements :
I. In the code language ‘forever mankind daily’ is written ...
Who among Y, U, K, B and D reached the station first?
Statements:
I. Y reached before D, B and U but after K.
II. D reached b...
Which among the six boxes viz. A, B, C, D , E and F is the smallest?
I. B is bigger than E and F and equal to D.
II. D is smaller than or ...