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NEW QUESTION 25
A risk that is always insurable is a
- A. capital risk.
- B. pure risk.
- C. speculative risk.
- D. fundamental risk.
Answer: B
NEW QUESTION 26
If a firm is said to be risk averse, this means that it
- A. arranges insurance protection wherever possible.
- B. tenders its insurance needs to the market.
- C. undertakes its own risk management research.
- D. carries its own risk wherever possible.
Answer: D
NEW QUESTION 27
Under the regulator’s training and competency rules, a general insurance employee carrying out a non-WiFID business activity
- A. for 20 years after the employee stops carrying out the activity.
- B. indefinitely.
- C. for 3 years after the employee stops carrying out the activity.
- D. for 10 years after the employee stops carrying out the activity.
Answer: C
NEW QUESTION 28
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