Category: IC24 – LEGAL ASPECTS OF LIFE ASSURANCE – 32

Que. 1 : Q1) Under the facultative type of reinsurance, the case may be sent to more than one reinsurer, and the reinsuere who gives the most competitve offer is chosen by the insurance company. This is termed as ____________.    1.  a) Facultative discounting    2.  b) Treaty shopping    3.  c) Treaty discounting    4.  d) Facultative shopping Que. 2 : Q2) The […]