Re-insurance – NBC Institute

BL – Nov 2012 – L1 – SA – Q13 – Agency Law

Identify the meaning of re-insurance.

Question

Which of the following is the meaning of re-insurance?
A. The insurer insures the insurer’s assets
B. The insurer’s registration with the office of the Commissioner for Insurance
C. A reinsurance, effected by an insurer, on the same risk which was before insured, to indemnify the insurer
D. A new insurance with the government of the Federation
E. The insurer’s insurance with a foreign insurer

Answer

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Tags: Insurance Contracts, Re-insurance, Risk Transfer
Level: Level 1

Topic: Agency Law
Series: NOV 2012

BL – Nov 2014 – L1 – SA – Q18 – Business Ethics and Corporate Governance

Identify the correct capital requirement for Re-insurance business.

Question

The capital requirement for Re-insurance business is
A. N1 billion
B. N2 billion
C. N3 billion
D. N4 billion
E. N10 billion

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Capital requirement, Finance, Insurance, Re-insurance
Level: Level 1

Topic: Business Ethics and Corporate Governance
Series: NOV 2014

BL – Nov 2012 – L1 – SA – Q13 – Agency Law

Identify the meaning of re-insurance.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Insurance Contracts, Re-insurance, Risk Transfer
Level: Level 1

Topic: Agency Law
Series: NOV 2012

BL – Nov 2014 – L1 – SA – Q18 – Business Ethics and Corporate Governance

Identify the correct capital requirement for Re-insurance business.

Question

The capital requirement for Re-insurance business is
A. N1 billion
B. N2 billion
C. N3 billion
D. N4 billion
E. N10 billion

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Capital requirement, Finance, Insurance, Re-insurance
Level: Level 1

Topic: Business Ethics and Corporate Governance
Series: NOV 2014

Question Tag: Re-insurance

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BL – Nov 2012 – L1 – SA – Q13 – Agency Law

Identify the meaning of re-insurance.

BL – Nov 2014 – L1 – SA – Q18 – Business Ethics and Corporate Governance

Identify the correct capital requirement for Re-insurance business.

BL – Nov 2012 – L1 – SA – Q13 – Agency Law

Identify the meaning of re-insurance.

BL – Nov 2014 – L1 – SA – Q18 – Business Ethics and Corporate Governance

Identify the correct capital requirement for Re-insurance business.

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BL – Nov 2012 – L1 – SA – Q13 – Agency Law

Identify the meaning of re-insurance.

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BL – Nov 2014 – L1 – SA – Q18 – Business Ethics and Corporate Governance

Identify the correct capital requirement for Re-insurance business.

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BL – Nov 2012 – L1 – SA – Q13 – Agency Law

Identify the meaning of re-insurance.

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BL – Nov 2014 – L1 – SA – Q18 – Business Ethics and Corporate Governance

Identify the correct capital requirement for Re-insurance business.

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