Identify the Incorrect Statement About Reinsurance

question 45

Multiple Choice

Identify the incorrect statement about reinsurance.

• A)It increases the financial stability of insurers by spreading risk.
• B)It facilitates direct assess of the original insured to the reinsurance company.
• C)It facilitates placing large or unusual exposures with one company.
• D)It helps small insurance companies stay in business, thus increasing competition in the industry.
• E)It increases the likelihood of the original insurer to be able to pay its claims.

Examine the role of education and literacy in the changing European society.

Identify the changes in leisure activities and their influences on European culture.

Comprehend the evolution of transportation and its societal implications.

Acknowledge the advancements in health and how they improved daily life.

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Definitions:

Entry-Level Position

A job suitable for a worker who is new to that field or profession, typically requiring minimal prior experience or skills.

Current Company

The organization or business where an individual is presently employed.

Popular Major

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Computer Science

A field of study that focuses on understanding, designing, and developing algorithms and software that enable computers to perform a wide range of tasks.