Treaty reinsurance is costlier as it deals with the entire risks involved in the contract between the insurerReinsurance comapny) and insured(primary insurer) whereas facultative reinsurance deals with individual risks involved.
Obligate is the opposite of facultative in biology. Treaty is the opposite of facultative in insurance.
when notice of dishonour is received by the endorsee instead of endorser it is known as facultative endorsement... for more detail please see 'Ultimate book of accountancy'.
1.Depends upon whether the mutualism is facultative a. Facultative pollinators - example: honeybees and crop plants (oranges, strawberries, wildflowers) Outcome of facultative mutualism. (1)At no point in this graph do the isoclines cross (2) This mutualistic interaction is run-away facultative mutualism
ADH is the hormone responsible for facultative water reabsorption.
Members of the genus Serratia are facultative anaerobes. Answer from a professor of microbiology.
Comparative: more costly Superlative: most costly
Dogs
ADH
With Facilitative Reinsurance, individual risks are offered by a ceding insurer for acceptance or rejection by the reinsurer. With Treaty Reinsurance, the reinsurer and ceding (or offering) insurer have agreed that a specified portion of the type or category of risk as specified in the reinsurance treaty will be ceded (or offered) by the insurer and accepted by the reinsurer. Fac covers an individual risk, treaty covers a group of risks.
both live n the presence of oxygen but facultative require oxygen at low concentrating
Neville Chamberlin and his idiotic and epically failed appeasement on the Sudetenland.
Yes, it is. It is the comparative form of the adjective costly (i.e. more costly).