risk
How many types of risk are there?
2
Insurance against accidents?
1 class
what is the personal insurance?
Personal insurance is a type of insurance that provides financial protection against risks related to an individual’s life, health, and physical well-being.
who is the broker
an intermediary who arranges insurance contracts between clients and insurance companies and represents the interests of the client.
You will lose 100 points.
100
what is Voluntary risk?
is hazards associated with activities that we decide to undertake (e.g., driving a car, riding a motorcycle, climbing a ladder, smoking cigarettes, skydiving, formula one racing).
what is the name of the second class of life insurance?
marriage and birth
The objects of insurance
are fixed and circulating assets of production and non-production significance, objects of work in progress, capital construction, inventory items, finished products, means of transport, household property, etc.
Congratulations on your 200 score!
200
What types of investments do insurance companies most commonly make?
Deposit
You will lose 300 points.
-300
Types of insurance that ensure the payment of insurance coverage when the insured suffers damage as a result of the obligation of the insured to fulfill the guarantee given to him. F/e: Insurance of guarantee in taking credits.
15 class
What is Contribution?
Contribution is a principle of insurance which applies when the same risk is insured with more than one insurance company. In such cases, each insurer contributes proportionately to the loss, so that the insured is indemnified but does not receive more than the actual loss.
an individual or legal entity representing the interests of the insurance company in resolving issues related to the settlement of the stated claims of the insured in connection with the insured event.
adjaster
How does reducing the risk of insolvency through reinsurance allow an insurance company to take on more policyholders and ensure the payment of claims in the event of a disaster?
Increases capacity
Can you explain risk management?
A factory is worried about fire risk.
To manage this risk, the factory:
installs fire alarms and sprinklers,
trains workers in fire safety,
buys fire insurance.
To calculate UPR, into how many accounting groups are insurance activities divided?
4
Congratulations on your 400 score!
400
Who is responsible for the mathematical and statistical calculations in insurance companies?
actuary
Reinsurance premium
is calculated by following formula
Reinsurance premium = Sum reinsured x reinsurance tariff (rat)
an insurance company insures a policyholder's automobile against theft. If the car is stolen, the insurance company has to bear a loss. However, if it isn't stolen, the company doesn't make any gain.
pure risk
What is the formula for calculating the unearned insurance premium?
unearned insurance premium=BpxP-M/P
transfers some of its insured risk to the reinsurance company (reinsurer)?
the cedent (reinsured)
who is a specialist who evaluates insurance risks, decides whether to accept them, and determines the terms and premium of an insurance policy?
An underwriter
how many are there Methods of risk management?
1.Insurance ( loss financing )
2.Diversification (internal risk reduction)
3.Investment in information (internal risk reduction)
4.Loss prevention (loss control)
5.Loss reduction (loss control)