Question

In which type of reinsurance, the insurer has to provide the reinsurer with all information he needs to evaluate the risk correctly?

a.

Automatic reinsurance

b.

Facultative reinsurance

c.

Both

d.

None of the above

Posted under IC85 Reinsurance Management

Answer: (b).Facultative reinsurance Explanation:In facultative reinsurance, the insurer has to provide the reinsurer with all information he needs to evaluate the risk correctly.

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Q. In which type of reinsurance, the insurer has to provide the reinsurer with all information he needs to evaluate the risk correctly?
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