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.

---

Definitions:

White Egrets

Large, elegant white birds often found near water, known for their slender necks and long legs.

Patterns

Repeated designs or sequences observed in objects, events, or behaviors.

Genetic Map

A diagram that shows the relative locations of genes or DNA sequences on a chromosome, used for identifying gene function and heredity patterns.

Extinct Species

Species that no longer exist anywhere on Earth, primarily due to factors like habitat destruction, overhunting, or climate change.