Que. 1 : Q1) When an insurer cedes its business, it 1. a) charges a reinstatement premium 2. b) seeks a contribution from another insurer 3. c) subrogates against an insured third party 4. d) transfers risk to a reinsurer Que. 2 : Q2) With whom has the Premium rates, Policy terms and Underwriting guidelines have to be filed ? 1. a)…