The proportion of the risk which the direct insurer holds on his own account refers to ___________

Related MCQs

• The proportion of the risk which the direct insurer holds on his own account refers to _______
• When the same risk and subject matter is insured with more than one insurer is called as _______
• …………….. is a policy where the insurer undertakes to make good the loss upto the amount mentioned in the policy
• Any risk involved a situation where there is a possibility of gain refers to ________
• Speculative risk is a situation in which…………………… is possible
• Risk which can be measured using numerical scale are known as
• Which of the following is a method of risk identification.
• …………….. is planned retention by which the part or full of the exposure arising a risk factor is retained by the firm
• Risk management follows a systematic process which involves _______ steps.
• Which of the following steps in the risk management process helps in determining sum insured under policies?