Which U.S. insurer, founded in 1936, is known by the acronym GEICO?
Answer
Government Employees Insurance Company
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Which U.S. insurer, founded in 1936, is known by the acronym GEICO?
Answer
Government Employees Insurance Company
What is the insurance term for a claim payment that restores the insured to roughly the same financial position as before a loss?
Answer
Indemnity
Which insurance-linked financial instrument transfers catastrophe risk from insurers to investors through the capital markets?
Answer
Catastrophe bond
Which international body adopted the Insurance Core Principles used as a global framework for insurance supervision?
Answer
International Association of Insurance Supervisors
What insurance concept describes the tendency of people with higher risks to seek coverage more actively than lower-risk people?
Answer
Adverse selection
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Which international body adopted the Insurance Core Principles used as a global framework for insurance supervision?
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