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2/18 W01/March 2017 Award in General Insurance
Self-test questions
1. What are the five main components of the insurance market?
2 2. State three types of buyers in the market.
Chapter 3. What is the difference between a limited liability/proprietary company and a mutual company, in terms of
ownership?
4. Why do reinsurers fall into the category of buyer and seller?
5. What is the role of the intermediary in the marketplace?
6. What are the benefits for a manufacturing company in forming a captive company?
7. What is a loss adjuster?
8. What are two of the functions of claims personnel?
You will find the answers at the back of the book Reference copy for CII Face to Face Training
