Under reinsurance the original insurer transfers liability under an insurance contract, either in part or in whole, to some other underwriter or a group of underwriters known as the reinsurer or ceding company.( )
举一反三
- According to the company structure chart, the departments are vertical under their department head, but horizontal with other divisions in the company.
- Insurance premium is the sum of money the insured agrees to pay the insurer or underwriter for an insurance policy or certificate.
- The shipment () Contract No. 7854 will be effected by s.s. Calcaus, please arrange insurance () this cargo. A: of, for B: under, for C: for, of D: under, against
- Insurance policy is an evidence of insurance contract issued by the insurer to the underwriters.( )
- Insurance contract is essentially a contract between the insurer and the insured.( )(10.0分)