RSK3701 Study guides, Class notes & Summaries
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RSK3701 EXAM PACK 2021/2022
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RSK3701 EXAM PACK.
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RSK3701 STUDY PACK 2021
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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 proportion of every risk. The risk is 
shared on a proportional basis between the cadent and reinsurer. The share of the different parties involved in 
the government is expressed as a percentage. 
The reinsur...
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RSK3701 Exam pack
- Exam (elaborations) • 27 pages • 2021
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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 risk is shared on a proportional basis between the cadent and reinsurer. The share 
of the different parties involved in the government is expressed as a percentage. 
The reinsurer will pay 100% - 60...
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RSK3701 Exam pack
- Exam (elaborations) • 27 pages • 2021
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CONTENTS 
MAY/JUNE 2016………………………………………………3 
OCT/NOV 2016………………………………………………..31 
MAY/JUNE 2016………………………………………………3 
OCT/NOV 2016………………………………………………..31 
3 
 
RSK 3701 Nov 2015 
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 ...
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RSK3701 EXAM PACK.
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RSK3701 EXAM PACK/ RSK3701 EXAM PACK/ RSK3701 EXAM PACK.
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RSK3701 Summary 2021
- Summary • 22 pages • 2021
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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 in the hope of some gain. 
Particular risk: Affects only you of your family, not society as a whole. Break in. 
Fundamental risk: Affects society as a whole. War. Earthquake. 
Risk Management Control ...
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RSK3701_Summary-Exam-Prep.
- Exam (elaborations) • 22 pages • 2021
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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 in the hope of some gain. 
Particular risk: Affects only you of your family, not society as a whole. Break in. 
Fundamental risk: Affects society as a whole. War. Earthquake. 
Risk Management Control ...
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RSK3701 EXAM PACK
- Exam (elaborations) • 27 pages • 2021
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RSK3701 EXAM PACK
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RSK3701 EXAM PACK
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RSK3701 EXAM PACK
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RSK3701 EXAM PACK 2021
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RSK3701 EXAM PACK
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