Provide a definition of prudential risk.

. In which category of financial risk is the risk of negative changes in foreign currency

exchange rates positioned?

 

. How can a life insurer transfer some of the market risk to the policyholder?

 

. Why should a reinsurance procurement strategy differentiate between short-tail and

long-tail claims settlements?

 

. Why is the financial strength of a retrocessionaire of interest to a direct insurer?