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Let the quantity of milk and water be 43x and 55x respectively. According to the question, => 43x/(55x – 36) = 1/1 => 43x = 55x – 36 => 12x = 36 => x = 3 Initial quantity of the mixture = 43x + 55x = 98x = 294 litres
The first motor vehicle insurance policy was issued in the UK in:
What is the term used to describe the process of transferring a portion of risk to another insurer?
In order to monitor and control solvency requirements, it has been made mandatory to the insurers to submit solvency report on _______ basis.
Which type of insurance policy provides additional coverage to easily movable property ?
In relation to insurance sector, what is the full form of FPR?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
Which of these changes would typically require an endorsement?
In case of an individual, the proposed shareholding in the paid up equity capital of the insurance company is capped at _____________ percent
A clause that allows the transfer of rights under a policy from one person to another, usually by means of a written document is called?
The first private health insurance company in India was: