Question
A standing agreement between insurers and reinsurers.
Under a treaty each party automatically accepts a specific percentage of the insurer’s business is termed as?Solution
Treaty reinsurance is a type of reinsurance in which the reinsurance company accepts all of a particular type of risk from the ceding insurance company. Treaty reinsurance is one of the three main types of reinsurance contracts, the others being facultative reinsurance and excess of loss reinsurance. Treaty reinsurers are obliged to accept all risks outlined in the treaty reinsurance contract.
The ratio of the speed of 'B' to that of 'C' is 1:2. 'B' covers 'I' km in 9 hours and 'C' covers (I + 90) km in 6 hours. Find the time taken by 'D', who...
If a car runs at 40 km/hr, it reaches its destination late by 12 minutes but if runs at 48 km/hr it is late by 8 minutes. What is the correct time for t...
Person 'A' begins a journey from Punjab to Delhi, driving initially at 120 km/hr. Every 36 minutes, he reduces his driving speed by 5 km/hr. If the dist...
Before servicing, a car runs at a speed of 28 km/hr while after servicing, it runs at a speed of 56 km/h. After servicing the car covers a certain dista...
Excluding the Stoppages i.e. Non-stop, the speed of a Bullet train is 540 kmph and including the stoppages, it is 450 kmph. Calculate for how many minut...
A car is pursuing a bike that is 220 km away. The bike travels at a speed of 15 km/hr, while the car travels at three times the speed of the bike. How l...
On travelling with 30% less speed than his actual speed, Arjun reached the destination 2 hours late. Find the approximate time taken by him to reach his...
Bike X travels 180 km in t hours and bike Y travels 90 km in (t/2) hours. If bike X covers 150 km in 2.5 hours, then how many kilometres will bike Y tra...
- A thief is noticed by a policeman from a distance of 600 m. The thief starts running, and the policeman chases him. The thief and the policeman run at the ...
A man is travelling at a speed of 40 km/h such that he will take 90 minutes to reach his destination. But after completing half the journey, the man too...
