One Method Through Which Reinsurance Is Provided Is Through an Organization

question 52

Multiple Choice

One method through which reinsurance is provided is through an organization of insurers that underwrites insurance on a joint basis.Through the organization,financial capacity is available for large commercial risks.This reinsurance arrangement is a(n)

• A)quota-share treaty.
• B)surplus-share treaty.
• C)excess-of-loss treaty.
• D)reinsurance pool.

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Definitions:

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Persistent, intrusive, and unwanted thoughts that cause distress or anxiety.

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An irresistible urge to behave in a certain way, especially against one's conscious wishes.