Question
a.
To reduce the risk of accumulation hazard
b.
To save premium equivalent to the loading on the burning cost
c.
To reflect the gross underwriting result in the net results over a period
d.
To protect against catastrophe perils such as hurricane or flood
Posted under IC85 Reinsurance Management
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Q. Why is it wise to reinsure out on a proportional basis any risks carrying high exposure or risks where the rate level is considered inadequate?
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