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What is the key difference between the two? I see that both of them delegate the authority to underwrite certain risks on your behalf. Under...
How to understand sum insured year better? What i understand is that it is : (Sum Insured under a policy)*(Number of years for which it is...
Somebody told me that perhaps that is why UK hasn't yet allowed companies to obtain claims made cover for workers compensation, because...
Thanks for the quick reply Ian!!! Okay, you can find it on page 124. I am using CMP 2019. If page reference has changed, then the section is 1.4...
A practice question of chapter 2 talks about the problems associated with switching from a claims made to losses occurring. I understand that this...
Who takes out marine and aviation liability insurance? Manufacturer or the operator? Asking because the measure of exposure section for MnA...
Hi Ian, Thanks for your reply. I was not sure if the question was framed correctly, did not want to receive no replies just because I was not...
Wasn't the question framed properly? No replies yet!
Page reference: Section 3.3 Chapter 15 I could not understand the adjustment to ILF if we expect losses to have increased uniformly by a% between...
Does stop Loss cover only the policies that are written already at the time the reinsurance treaty is entered into? If not, then if the insurer...
