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Risks attaching basis
A basis under which reinsurance is provided for claims arising from policies commencing during the period to which the reinsurance relates. The insurer knows there is coverage during the whole policy period even if claims are only discovered or made later on.
All claims from cedant underlying policies incepting during the period of the reinsurance contract are covered even if they occur after the expiration date of the reinsurance contract. Any claims from cedant underlying policies incepting outside the period of the reinsurance contract are not covered even if they occur during the period of the reinsurance contract.
Losses occurring basisA Reinsurance treaty under which all claims occurring during the period of the contract, irrespective of when the underlying policies incepted, are covered. Any claims occurring after the contract expiration date are not covered.As opposed to claims-made or risks attaching contracts. Insurance coverage is provided for losses occurring in the defined period. This is the usual basis of cover for short tail business.
What else can I help you with?
What is the cost basis of Lucent stock spun off in 1995?
The cost basis after the spin off was 27.99. In addition, the at-cost basis was at 72.01 of previous basis.
Can you add property taxes to the cost basis of a property?
No, property taxes cannot be added to the cost basis of a property. The cost basis typically includes the original purchase price of the property and certain expenses related to the purchase, but property taxes are not considered part of the cost basis.
How do I calculate the cost basis for inherited stock?
To calculate the cost basis for inherited stock, you typically use the value of the stock on the date of the original owner's death. This is known as the stepped-up basis. You can also adjust the basis for any additional expenses or fees incurred during the inheritance process.
What is nifty and how it is calculated?
nifty is calculated on the basis of liquidity of stock and on the basis of market capailization. it is calculated by free flot method.
What is the cost basis for a stock gift?
The cost basis for a stock gift is the original price paid for the stock by the person who gifted it.
What are the two define categories of software?
There's many answers to this question. Divisions can be made on the basis of: 1. Open source versus closed source 2. Business software versus Private/Home software 3. Embedded software versus Computer software 4. Infrastructure software versus applications software
WHAT IS AS DRIED BASES AND AS RECEIVED BASES IN COAL?
As-dried basis in coal refers to the coal's composition when all moisture has been removed, while as-received basis includes the naturally occurring moisture content. As-dried basis is commonly used for comparing coal qualities, as it eliminates the variable of moisture content. On the other hand, as-received basis reflects the coal's properties as it is found in its natural state.
Which branch of chemistry deals the structure and properties of naturally occurring molecules?
Organic chemistry is the branch of chemistry that focuses on the structure and properties of naturally occurring molecules, such as those found in living organisms. Organic chemists study the compounds containing carbon, which form the basis of many biological molecules.
How can trade liberalization exist on a nondiscriminatory basis versus a discriminatory basis?
Trade liberalization on a nondiscriminatory basis means applying the same trade rules to all countries without discrimination or special treatment. This can be achieved through initiatives such as Most Favored Nation status or using non-discriminatory trade agreements like the World Trade Organization (WTO) agreements. Conversely, trade liberalization on a discriminatory basis involves granting preferential treatment to certain countries or regions through preferential trade agreements like free trade agreements or customs unions.
What is the name of the competition among countries of the world in tennis?
The Davis Cup, of course. This tournament is exclusively for men, but it is run on a country versus country basis. On the other hand, if you are referring to individual men's competition, where male player versus male player, as I'm aware, all competitions that cater for men, also have a women's aspect/competition where females play females.
When was the last time diamonds were found?
Diamonds are continuously being found around the world, so there is no specific "last time" that they were found. The mining of diamonds happens on an ongoing basis in various countries where they are naturally occurring.
What was the Mayan life centered on?
basicaly agriculture such as maize, beans, and squash.
Is the FL Accrual Basis or Cash Basis with Sales Tax?
cash basis
What are the different bases of accounting?
There are 3 basis: Cash basis, Accrual basis and Tax basis Free information online at www.etcwa.com
How do you speculate on basis risk?
spot rate-mature rate=basis risk remaining basis=total basis*time proportion
What does it mean if your Spotting a week after period?
You're experiencing mid-cycle bleeding, likely as a result of hormonal changes around ovulation. If this is a one-off it's nothing to worry about, but if you see this occurring on a regular basis you need to see your doctor to check your hormones and ovaries.
What is the interest of biopsychology?
"Biopsychology is the study of how biological processes, especially those occurring in the nervous system, relate to behavior(Coon and Mitter)What is the interest of biopsychology?Answera.cognition or thinkingb.individual development across the life-spanc.abnormal behavior and its treatmentd.the physical basis of behavior and mental processes
