Question

Facultative reinsurance can be transacted on which basis?

a.

Only proportional basis

b.

Only non-proportional basis

c.

Both proportional and non-proportional basis

d.

Neither proportional nor non-proportional basis

Posted under IC85 Reinsurance Management

Answer: (c).Both proportional and non-proportional basis Explanation:Facultative reinsurance may be transacted on either proportional or non-proportional basis.

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Q. Facultative reinsurance can be transacted on which basis?
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