In the case of marine insurance reserve for unexpired risk is …..

Related MCQs

• In the case of marine hull insurance, reserve for unexpired risk is to be maintained @....... %of net premium
• Reserve for unexpired risk is shown under
• Revenue reserve means any reserve other than ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ reserve.
• In case of electricity companies, contingency reserve is created until it amounts to ….. of the original cost of the fixed assets.
• ------ is a device of reducing the risk undertaken by an insurance company.
• The consideration in insurance for covering the risk is called ………….
• ……………is the party who undertakes the risk in insurance.
• The party whose risk is covered in insurance is known as ……….
• …………..is an agreement between two insurance companies whereby one transfers a part of risk to other.
• ……….is an agreement between two insurance companies whereby one transfers a part of risk to other.