Question

How can knowledge sharing between the direct insurance company and the reinsurer be useful?

a.

It helps the direct insurance company avoid adverse selection

b.

It leads to revenue generation for the direct life insurance company

c.

It helps the direct insurance company design innovative products

d.

It proves to be very useful in the day-to-day operations of an insurer

Posted under IC22 Life Insurance Underwriting

Answer: (d).It proves to be very useful in the day-to-day operations of an insurer Explanation:Since most of the reinsurers operate with their offices in many countries around the world, knowledge transfer or sharing of resources proves to be very useful in the day-to-day operations of an insurer.

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Q. How can knowledge sharing between the direct insurance company and the reinsurer be useful?
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