It is important to understand the difference between Insurance and Reinsurance. Both terms meant for same purpose but acts different on approach. The term insurance is defined as a contract between two parties’ insurer and insured, whereby the insurer agrees to indemnify certain losses caused to the insured, for adequate consideration, i.e. premium. The party … Read more
The term insurance is defined as a contract between two parties insurer and insured, whereby the insurer agrees to indemnify certain losses caused to the insured, for adequate consideration, i.e. premium. The party who look for obtaining insurance policy is called insured, whereas the party which assures the other to mitigate the risk is called … Read more
Reinsurance is used to mean an insurance contract between the ceding company and the reinsurer, whereby the two parties agree to transfer and accept respectively, a definite proportion of risk or liability, as defined in the agreement. In this article, I’m going to share with you eight types of reinsurance 1. Treaty Reinsurance: A standing … Read more
Insurance is the act of indemnifying the risk, caused to another person. Conversely, reinsurance is when the insurance company takes up insurance to guard itself against the risk of loss. The two concepts are very similar to each other but may differ in they way; they are applied. Old Mutual Old Mutual car insurance stands … Read more
1. What is Insurance? At its core, insurance is a contract between an individual or entity (the policyholder) and an insurance company. In South Africa: The policyholder pays a premium In return, the insurance company provides financial compensation or coverage for specified risks outlined in the policy Insurance allows South Africans to transfer the financial … Read more
This article is a compilation of the most important interview questions for beginner and experienced sales professionals, the meaning behind each question, what your interviewer is searching for, and how you should answer. To further help you, we’ve sprinkled some advanced tips into some of our example answers below that can be applied to any … Read more
Asking these insightful marketing interview questions will not only help you identify candidates with the right skills and experience but also those with the creativity, adaptability, and strategic mindset necessary for success in the ever-evolving world of marketing. Use these questions as a guide to build a robust marketing team that can drive your business … Read more
The questions are organized into five main themes: Basics and Syntax, Object-Oriented Programming (OOP), Exception Handling and Assertions, Core APIs, and Concurrency. By addressing these areas, this article aims to equip you with the confidence and knowledge needed to excel in Java interviews, whether you’re tackling core Java interview questions or more specific Java 8 … Read more
In an interview, these questions are more likely to appear early in the process and cover data analysis at a high level. 1. Mention the differences between Data Mining and Data Profiling? Data Mining Data Profiting Data mining is the process of discovering relevant information that has not yet been identified before. Data profiling is … Read more
To grow in your career as an accountant, you would need to have a solid understanding of the principles of finance, accountancy, and other related topics. Maybe, after completing your M.Com online course, you must be planning to attend an accountant interview and are looking for the most popular accounting interview questions. Look no further. … Read more