RMI 3567 Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about RMI 3567? On this page you'll find 18 study documents about RMI 3567.
All 18 results
Sort by
-
RMI 3567 Exam 3 Questions with 100% Correct
- Exam (elaborations) • 14 pages • 2024
-
- $12.49
- + learn more
RMI 3567 Exam 3 Questions with 100% Correct 
Name four examples of alternative capital - Correct Answer ️️ -Pension Plan 
Endowments 
Hedge Funds 
Alt. Asset Manager 
what is it called when a reinsurer transfers risk to another reinsurer? - Correct Answer ️️ 
-Retrocession 
who is the reinsurer who the additional risk is ceded to? - Correct Answer ️️ - 
Retrocessionaire 
Who is the primary or reinsurer who transfers the risk? - Correct Answer ️️ -cedent 
Where are the top insuran...
-
Exam 4 RMI 3567 Questions and Answers 100% Correct
- Exam (elaborations) • 20 pages • 2024
-
- $12.49
- + learn more
Exam 4 RMI 3567 Questions and Answers 100% Correct 
conventional insurance - Correct Answer ️️ -considered haram as it contractually 
contains haram elements: riba, gharar, maysir 
riba - Correct Answer ️️ -no equality between premiums paid and compensation 
received 
riba - Correct Answer ️️ -"interest" / usury 
gharar - Correct Answer ️️ -subject matter of the contract is not certain / uncertainty 
maysir - Correct Answer ️️ -Policyholders are held to be betting premiums ...
-
International Risk (RMI 3567) Final Exam Questions and Answers
- Exam (elaborations) • 8 pages • 2024
-
- $12.49
- + learn more
International Risk (RMI 3567) Final Exam 
Questions and Answers 
Design Defect* - Correct Answer ️️ -A flaw or deficiency in the design of a product that 
makes it unreasonably dangerous to users. Can result in product liability where 
manufacturers/designers may be held responsible for injuries or damages caused by 
the defective design. 
Manufacturing Defect* - Correct Answer ️️ -A defect that occurs during the 
manufacturing process, causing a product to deviate from its intended desi...
-
RMI 3567 Exam 2 Questions and Answers 100% Correct
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
RMI 3567 Exam 2 Questions and 
Answers 100% Correct 
What are three positive externalities that occurred due to access to terrorism insurance? 
- Correct Answer ️️ -1. facilitates real estate transaction 
2. strengthens businesses' ability to operate in risky areas 
3. protects wealth/savings of households in risky areas 
Pollution from gasoline in a car or industrial pollution would be examples of what? - 
Correct Answer ️️ -negative externality 
This is the most common terrorism model...
-
RMI 3567 EXAM reinsurance/insurance ppt #1 Questions and Answers 100% Verified
- Exam (elaborations) • 8 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
RMI 3567 EXAM reinsurance/insurance ppt #1 
Questions and Answers 100% Verified 
which countries have low penetration rates? - Correct Answer ️️ -bangladesh 
pakistan 
What are capital markets - Correct Answer ️️ -markets for buying and selling equity 
and debt securities. 
Medium and LT investment horizons 
facilitates buying and selling financial instruments 
primary and secondary 
what is a short term market example? - Correct Answer ️️ -money market accounts 
who are suppliers of...
-
RMI 3567 Exam 1 Questions and Answers 100% Verified
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
-
- $10.49
- + learn more
RMI 3567 Exam 1 Questions and 
Answers 100% Verified 
FX Swap - Correct Answer ️️ --Combines a spot transaction with the benefits of a 
forward contract 
-One currency is swapped for another (usually a spot transaction) and swapped back 
(via a forward contract) to the original currency at a future date 
-Example: go to Europe and exchange USD to EUR and when you come back home 
you exchange your remaining EUR back to USED 
FX Vehicle Currency - Correct Answer ️️ -Usually a third party c...
-
RMI 3567 Exam 2 Questions and Answers Already Passed
- Exam (elaborations) • 18 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
RMI 3567 Exam 2 Questions and 
Answers Already Passed 
 
What are three positive externalities that occurred due to access to terrorism insurance? 1. 
facilitates real estate transaction 
2. strengthens businesses' ability to operate in risky areas 
3. protects wealth/savings of households in risky areas 
 
Pollution from gasoline in a car or industrial pollution would be examples of what? negative 
externality 
 
This is the most common terrorism model for insurance risk pool 
 
What are the t...
-
RMI 3567 Exam 3 Questions and Answers Already Passed
- Exam (elaborations) • 20 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
RMI 3567 Exam 3 Questions and 
Answers Already Passed 
 
Name four examples of alternative capital Pension Plan 
Endowments 
Hedge Funds 
Alt. Asset Manager 
 
what is it called when a reinsurer transfers risk to another reinsurer? Retrocession 
 
who is the reinsurer who the additional risk is ceded to? Retrocessionaire 
 
Who is the primary or reinsurer who transfers the risk? cedent 
 
Where are the top insurance markets? US 
 
China 
 
Japan 
 
What is the US insurance market driven by? prop...
-
RMI 3567 Exam 1 Latest Update Graded A+
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
RMI 3567 Exam 1 Latest Update 
 
Graded A+ 
 
FX Swap -Combines a spot transaction with the benefits of a forward contract 
-One currency is swapped for another (usually a spot transaction) and swapped back (via a 
forward contract) to the original currency at a future date 
-Example: go to Europe and exchange USD to EUR and when you come back home you 
exchange your remaining EUR back to USED 
 
FX Vehicle Currency Usually a third party currency that makes exchanges much easier, 
acting as the ...
-
rmi 3567exam 4 latest update with verified solutions
- Exam (elaborations) • 32 pages • 2024
- Available in package deal
-
- $10.49
- + learn more
rmi 3567exam 4 latest update with 
 
verified solutions 
 
conventional insurance considered haram as it contractually contains haram elements: riba, 
gharar, maysir 
 
riba no equality between premiums paid and compensation received 
 
riba "interest" / usury 
 
gharar subject matter of the contract is not certain / uncertainty 
 
maysir Policyholders are held to be betting premiums on the condition that the insurer will 
pay compensation in a higher amount 
 
maysir gambling 
 
takaful liter...