These are agreements between an insurance company (the "ceding company") and a reinsurer, where the reinsurer agrees to accept specific risks from the ceding company. The primary purpose of a reinsurance treaty is to establish the terms and conditions under which an insurer (the ceding company) transfers a portion of its risks to a reinsurer.
Select the correctly spelt word.
Pernicious
Disproportionate
In the question below, two sentences with one word in each highlighted in bold. From the options, choose the one that can replace the highlighted words...
Select the most appropriate synonym of the given word.
IMITATION
Accomplished
I. It is an accomplished fact that the Sun always rises in the east and sets in the west.
III. The w...
Sanction
I. Yet it is unclear whether the restrictions Google has sanction on Huawei will be long-lasting.
II. But the company was caug...
A person unselfishly concerned for or devoted to the welfare of others.
The country will send its soldiers to solve the extremely confused and complicated situation in Afghanistan.
Ambiguity
(1) Japanese gardens typically included a building for scholarly ambiguity and meditation.
(II) Little ...