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  • Set 4

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    Võ Thị Trà My
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    This document contains 14 multiple choice questions about insurance and reinsurance concepts such as who signs reinsurance contracts, the basic operational goal of insurance companies, statements about insurance companies' investment activities, the definitions of coinsurance and reinsurance, who covers the costs of loss assessments and independent assessments, the effects of reinsurance, the basis for dividing sums insured in coinsurance, the timing of signing coinsurance contracts, why promotion is more difficult for insurance companies than other sectors, the obligations of loss assessors, and the basis for reviewing claims and paying compensation.

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    SET 4

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    This document contains 14 multiple choice questions about insurance and reinsurance concepts such as who signs reinsurance contracts, the basic operational goal of insurance companies, statements about insurance companies' investment activities, the definitions of coinsurance and reinsurance, who covers the costs of loss assessments and independent assessments, the effects of reinsurance, the basis for dividing sums insured in coinsurance, the timing of signing coinsurance contracts, why promotion is more difficult for insurance companies than other sectors, the obligations of loss assessors, and the basis for reviewing claims and paying compensation.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    9 views2 pages

    Set 4

    Uploaded by

    Võ Thị Trà My
    This document contains 14 multiple choice questions about insurance and reinsurance concepts such as who signs reinsurance contracts, the basic operational goal of insurance companies, statements about insurance companies' investment activities, the definitions of coinsurance and reinsurance, who covers the costs of loss assessments and independent assessments, the effects of reinsurance, the basis for dividing sums insured in coinsurance, the timing of signing coinsurance contracts, why promotion is more difficult for insurance companies than other sectors, the obligations of loss assessors, and the basis for reviewing claims and paying compensation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 2

    SET 4

    Question 1. The reinsurance contract is signed by:


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    Question 2. The basic operational goal of an insurance company is:
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    Question 3. Which of the following statements is true when talking about insurance
    companies?
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    Question 4. Which of the following statements is true when talking about investment
    activities of insurance companies?
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    Question 5. The co-insurance is understood as:
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    Question 6. The reinsurance is understood as:
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    Question 7. The cost of loss assessment will be covered by:
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    Question 8. The cost of the independent assessment will be covered by:
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    Question 9. The reinsurance can:
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    Question 10. In the co-insurance, the sum insured is divided based on:
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    Question 11. In the co-insurance, the signing of an insurance contract should be:
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    Question 12. Promotion activities of insurance enterprises are more difficult than
    those of other sectors, because:
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    1
    Question 13. What obligations should a loss assessor needs to do:
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    Question 14. What is the basis for reviewing claims or paying compensation?
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