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IC11 - Practice of General Insurance

 Chapter 01-01

IC11 - Practice of General Insurance

 Chapter 01-01
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    Q 1. Which company provides export credit insurance support to Indian exporters?
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    Q 2. Which company manages the Indian insurance pools on behalf of the industry?
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    Q 3. Which foreign reinsurers have been allowed to open some form of liaison/servicing/consulting office within India?
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    Q 4. Which departments insure the property and other interests of the respective State Governments in India?
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    Q 5. Which authority is the sole authority on all aspects of insurance business in India?
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    Q 6. Are composite insurance companies allowed to conduct both Life and Non-Life insurance?
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    Q 7. Is non-admitted insurance permitted in India?
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    Q 8. How does the cover commence in the "Cash and Carry" market?
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    Q 9. Which country has the largest insurance market in the world?
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    Q 10. Where did marine insurance get firmly established in the mercantile transactions during the sixteenth century?
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    Q 11. When was the Lloyd's Act framed to set up the Corporation of Lloyd's?
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    Q 12. When did the Law Accident Insurance Society Ltd. start writing motor insurance business in the U.K.?
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    Q 13. When did aviation insurance have its small beginning?
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    Q 14. What stimulated the interest in aeronautics and the demand for aviation insurance?
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    Q 15. Which region had the highest value in the global insurance market in 2008?
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    Q 16. What percentage of the global premium is shared by the US and Japan?
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    Q 17. What is the percentage of population represented by the emerging markets?
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    Q 18. Which market is known for handling larger and complex Indian risks such as the IT sector or the Energy Sector?
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    Q 19. Which market has a lower minimum premium requirement compared to the London market?
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    Q 20. Which market is home to reinsurers like Allianz, Ace, AXA, Liberty, and Lloyd's?
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    Q 21. Which two companies are mentioned as the biggest reinsurance companies in the world?
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    Q 22. Which market is preferred by Indian companies for smaller, one-off risks due to its lower minimum premium requirements?
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    Q 23. Which market is known for its reluctance to compete on international risks with European insurers?
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    Q 24. Which market is little used by the Indian market and suffered a setback with the collapse of HIH Insurance Company?
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    Q 25. Which company, often associated with US non-life insurance, was founded in Shanghai?
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