Category: IC23 APPLICATIONS OF LIFE INSURANCE – 10

Que. 1 : Q1) Which reinsurance accounts are for the type of business are normally rendered on an "Underwriting Year Basis" and the premiums are usually shown net of acquisition costs, agency commission, brokerage and any discount allowed to the insurer?    1.  a) Fire and accident proportional reinsurance    2.  b) Marine proportional reinsurance    3.      4.   Que. 2 : Q2) […]