Question

What is the responsibility of the reinsurance unit of the underwriting-support team?

a.

Management and coordination of communication received from the client and different branches

b.

Reconciliation of all applications received and processed in the underwriting function and compiling the MIS for the senior management team

c.

Control of cases referred to reinsurers for decisions/guidance

d.

Compilation and reconciling of daily, fortnightly, monthly, and yearly MIS

Answer: (c).Control of cases referred to reinsurers for decisions/guidance Explanation:The cases referred to the reinsurers for decisions/guidance are controlled by the reinsurance unit of the underwriting-support team.

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Q. What is the responsibility of the reinsurance unit of the underwriting-support team?

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