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:

Sexual Arousal

A physiological and psychological state of being awakened to sexual desire and readiness for sexual activity.

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Pertaining to or considering the differences and similarities among various cultures, often used in research or studies.

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The process by which individuals choose a partner based on a variety of factors, including social, psychological, and physical attributes.

Social Status

The position or rank of a person or group within the social hierarchy.