Which of the Following Is Not a Valid Reason to Reinsure

question 13

Multiple Choice

Which of the following is not a valid reason to reinsure an exposure?

• A) To make insured exposures similar in dollar size
• B) To provide the insured access to Lloyd's of London
• C) To buy services from the reinsurer
• D) To allow agents to be more competitive

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Definitions:

Weight

A measure of the heaviness of an object; in statistics, it refers to the emphasis or importance assigned to elements of a dataset.

Height

The measurement of an object or point in relation to ground level or a base level, typically considered vertical distance.

Coefficient Of Determination

A statistical measure that assesses the proportion of the variance in the dependent variable that is predictable from the independent variable(s), commonly represented as R^2.

Variation

The measure of the spread or dispersion of a set of values.