What is the main task of an insurance company?
Provision of insurance services and compensation of damages
What purpose does reinsurance serve?
Avoiding big losses
What is the role of a reinsurance company?
Covering a certain part of the risk transferred by the insurance company
What kind of person is the general director in the management structure?
A person who determines the overall strategy of the company
When was the Law of the Republic of Uzbekistan "On Insurance Activities" adopted? year and date? insurance company?
2002, 5-april
What is one of the main types of reinsurance?
Proportional reinsurance
What is the role of the broker in the reinsurance market?
Mediates between insurance and reinsurance companies
What is one of the duties of the supervisory board?
Determining strategic directions
What types of assets can an insurance company invest in?
Stock, Bond, real estate, risky investments
What is proportional reinsurance?
Transfers losses to reinsurance on relatively fixed shares
How does non-proportional reinsurance work?
The insurance company only covers damages up to a certain limit
Which department plays an important role in ensuring the financial stability of the insurance company?
Finance department
What is the main principle of the insurance company's investment policy?
Diversification and risk management
How does Excess of Loss reinsurance work?
The insurance company covers damages exceeding the specified limit
Reinsurance uses which process to allocate risks?
Risk transformation
What is the first step in the process of organizing insurance services?
Market analysis
What factors are taken into account when forming the investment policy of an insurance organization?
Financial market conditions, Competitiveness and profitability, Government policies and laws
Who is the regulator among reinsurance market participants?
State bodies and institutions
Prize to you for choosing a difficult question
500
What does the success of an insurance company depend on?
To the effectiveness of management structure and organization of services