This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements about reinsurance is true? A) A reinsurer may not purchase ... (Read 27 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jul 11, 2018
Which of the following statements about reinsurance is true?
 
  A) A reinsurer may not purchase reinsurance.
  B) The reinsurer is the first insurer that provides claims services to the insured after a loss occurs.
  C) The amount of insurance transferred to a reinsurer is called the net retention.
  D) The insurer transferring business to a reinsurer is called the ceding company.

Question 2

Factors that may result in more restrictive underwriting decisions include which of the following? I. Inadequate rates. II. The unavailability of reinsurance at favorable terms.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C


Themember4

  • Member
  • Posts: 538
Reply 2 on: Jul 11, 2018
Gracias!

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The FDA recognizes 118 routes of administration.

TrUe....FaLsE TrUe....FaLsE
Which of the following statements is true of linkage? Which of the following statements is true of linkage?
This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
How to convert verbal statements into algebraic equations (Part 4) How to convert verbal statements into algebraic equations (Part 4)
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
Video: Genetics of Cancer

For a complete list of videos, visit our video library