Which of the Following Observations Concerning Reinsurance Is FALSE

question 24

Multiple Choice

Which of the following observations concerning reinsurance is FALSE?

• A)It is an alternative to managing risk on a PC insurer's balance sheet.
• B)Non-U.S.reinsurers are majority players in U.S.reinsurance business.
• C)It does not enable the insurer to improve its capital position.
• D)It can be used to limit losses and stabilize cash flows.
• E)It represented 2.6 percent of total PC industry assets in 2012.

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Definitions:

Racial Categorizations

The classification of people into groups based on perceived physical and genetic differences.

Cultural Characteristics

Features that distinguish one group or society from another, including language, customs, values, and artistic expression.

Brain Size

Refers to the physical size of the brain, often related in research to cognitive abilities, evolutionary development, or species comparison.

Skull Shape

The form or structure of the human skull, often studied in anthropology to understand genetic and ethnic differences.