3-95 Which of the Following Observations Concerning Reinsurance Is FALSE

question 88

Multiple Choice

3-95 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 2.7 percent of total PC industry assets in 2009.

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Definitions:

Myocardial Infarction

A medical condition also known as a heart attack, which occurs when blood flow to the heart is blocked.

Illness Behavior

The way individuals respond to symptoms of illness, including how they monitor their body, define and interpret their symptoms, and seek treatment.

Seeking Professional Care

The act of consulting with healthcare professionals or specialists in order to receive advice, diagnosis, or treatment for health-related issues.

Healing Presence

The supportive and calming influence of a caregiver or healer, often contributing to a patient's recovery.