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RSK3701
RSK3701 STUDY PACK 2021 2 Exam (elaborations) RSK3701 Exam pack 3 SUMMARY RSK3701 Summary 2021
[Show more]RSK3701 STUDY PACK 2021 2 Exam (elaborations) RSK3701 Exam pack 3 SUMMARY RSK3701 Summary 2021
[Show more]Study Unit 01 
Define and explain - Risk: Risk is the uncertainty of loss. 
Unfavourable deviation from the expected. 
Define Risk Management: A means of removing some or all of the uncertainty 
Differentiate between : 
Pure / Event Risk Speculative Risk 
There is either a Loss or No Loss Taken out ...
Preview 3 out of 22 pages
Add to cartStudy Unit 01 
Define and explain - Risk: Risk is the uncertainty of loss. 
Unfavourable deviation from the expected. 
Define Risk Management: A means of removing some or all of the uncertainty 
Differentiate between : 
Pure / Event Risk Speculative Risk 
There is either a Loss or No Loss Taken out ...
SECTION A: MULTIPLE CHOICE QUESTIONS 
1.2 
2.2 
3.2 
4.1 
5.2 
6.2 
7.4 
8.3 
9.2 
10.4 
11.4 
12.1 
13.1 
14.3 
15.4 
16.4 
17.1 
18.1 
19.3 
20.4 
4 
 
Calculations 
Question 20 
Quota share 
In terms of a quota share treaty, the reinsurer is bound to accept a fixed proportion of every 
risk. The...
Preview 3 out of 27 pages
Add to cartSECTION A: MULTIPLE CHOICE QUESTIONS 
1.2 
2.2 
3.2 
4.1 
5.2 
6.2 
7.4 
8.3 
9.2 
10.4 
11.4 
12.1 
13.1 
14.3 
15.4 
16.4 
17.1 
18.1 
19.3 
20.4 
4 
 
Calculations 
Question 20 
Quota share 
In terms of a quota share treaty, the reinsurer is bound to accept a fixed proportion of every 
risk. The...
SECTION A: MULTIPLE CHOICE 
1.2, 2.2, 3.2, 4.1, 5.2, 6.2, 7.4, 8.3, 9.2,10.4, 11.4, 12.1, 13.1, 14.3, 15.4, 16.4, 17.1, 18.1, 19.3, 20.4 
RSK3701 STUDY PACK 2021. 
Page | 1 
 
Calculations 
Question 20 
Quota share 
In terms of a quota share treaty, the reinsurer is bound to accept a fixed proportio...
Preview 4 out of 49 pages
Add to cartSECTION A: MULTIPLE CHOICE 
1.2, 2.2, 3.2, 4.1, 5.2, 6.2, 7.4, 8.3, 9.2,10.4, 11.4, 12.1, 13.1, 14.3, 15.4, 16.4, 17.1, 18.1, 19.3, 20.4 
RSK3701 STUDY PACK 2021. 
Page | 1 
 
Calculations 
Question 20 
Quota share 
In terms of a quota share treaty, the reinsurer is bound to accept a fixed proportio...
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