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:

Depressed Persons

Individuals experiencing a prolonged period of sadness or despondency, often accompanied by other symptoms such as changes in sleep, appetite, and energy level.

Abandonment

A psychological feeling or condition whereby an individual experiences a sense of loss, emptiness, or desertion.

Primary Research Method

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Style of Life Inventory

A psychological assessment tool designed to evaluate an individual’s unique lifestyle, including their goals, motivations, and coping mechanisms.