Question

How is most of the reinsurance cover for aviation and special types of liability business placed?

a.

Through surplus treaties with high retention

b.

Through facultative placements with low retention

c.

Through quota-share agreements with medium retention

d.

Through excess of loss covers with high retention

Answer: (b).Through facultative placements with low retention Explanation:Most of the reinsurance cover for aviation and special types of liability business is placed through facultative placements with low retention.

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Q. How is most of the reinsurance cover for aviation and special types of liability business placed?

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