25. COP 27: What was the greatest achievement of the COP 27 that recently concluded in Egypt: a) Affirmation of COP 26 commitments b) Agreement on creation of a global weather event damages fund for developing counties c) Raising of atmospheric temperature increase to 2 degrees from 1.5 degrees 26. COP 27: The world's largest GHG emitters are: a) Europe, US, and China b) US, China, and India c) Russia, US, and China 27. COPT 27: Which country emits the highest per capital GHGs a) Russia b) US c) China d) India 28. INSURANCE: Standalone insurance companies lay off large risks through a) Reinsurance b) Capital markets c) Both reinsurance and capital markets 29. INSURANCE: What are the distributional characteristics of large insurance claims a) Abnormal distributions b) Random walk c) Fat tails