Question

What is the general practice for retentions in engineering insurance?

a.

Retentions are generally large

b.

Retentions are generally unbalanced

c.

Retentions are generally small

d.

Retentions are not required

Posted under IC85 Reinsurance Management

Answer: (c).Retentions are generally small Explanation:Retentions in engineering insurance are generally small.

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Q. What is the general practice for retentions in engineering insurance?
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