Question
a.
To stabilize the technical results of the insurer / reinsurer by reducing fluctuations in claims to the yearly retained account
b.
To increase the concentration of risks in any one class of business or geographical area
c.
To minimize the risk of suffering a greater liability than justified by the financial resources in the event of a catastrophe
d.
To reduce the probability of ruin at a price acceptable to the company
Posted under IC85 Reinsurance Management
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Q. What is the technical objective of a reinsurance program?
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