Question
What is a type of reinsurance in which the reinsurer can
accept or reject any risk presented by an insurance company seeking reinsurance?Solution
Facultative insurance is reinsurance for a single risk or a defined package of risks. The ceding company (the primary insurer) is not compelled to submit these risks to the reinsurer, but neither is the reinsurer compelled to provide reinsurance protection. Each risk under a facultative contract is individually underwritten by the reinsurer. Agreement to provide reinsurance “facilitates” the primary insurer’s desire to write the business; without the reinsurance, the primary insurer may be unable to provide coverage for the agent.
The factor which is NOT contributing to the change in the rural market are:
ELISA test is done to detect ___
The receptor of abscisic acid is present in
Critical period of crop weed competition in wheat plant is ______
When is dehaulming done in potato crop?
What is the character of subsidiary cells in monocot plants?
Which of the following is not a type of nonvascular plant?Â
Which growth parameter indicates the dry matter accumulation per unit leaf area and is used to assess photosynthetic efficiency?
Number of stamens in green gram is:Â
Microfilaments are formed of
