Question

What is the main reason for the decline of facultative reinsurance over time?

a.

High administrative costs

b.

Limited flexibility

c.

Ineffective risk management

d.

Unpopularity among reinsurers

Posted under IC85 Reinsurance Management

Answer: (a).High administrative costs Explanation:The main reason for the decline of facultative reinsurance over time is "high administrative costs."

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Q. What is the main reason for the decline of facultative reinsurance over time?
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