Methods by Which Insurers May Minimize or Avoid Catastrophic Losses

question 21

Multiple Choice

Methods by which insurers may minimize or avoid catastrophic losses include which of the following?
I.The use of reinsurance
II.Concentrating coverage written in one geographic region

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Access

Microsoft's database management solution that merges the relational functionalities of the Microsoft Jet Database Engine with a user-friendly graphical interface and development tools for software.

Linked Table

A table in a database that maintains a live connection to data in another source, allowing real-time updates and queries.

Mail Merge

A process in word processing applications that involves combining a standard document with a data source to produce personalized documents.

Access

A Microsoft-developed database management system that integrates the Microsoft Jet Database Engine's relational capabilities with graphical user interface and tools for software development.