Question

What is the main reason that the problems for the reinsurer get more complicated in respect of large complex projects?

a.

EAR/CAR covers being for periods longer than a year

b.

Possibility to review the terms of policy at mid-term

c.

Shortage of reinsurance capacity

d.

None of the above

Answer: (a).EAR/CAR covers being for periods longer than a year Explanation:The problems for the reinsurer get more complicated in respect of large complex projects due to the EAR/CAR covers being for periods longer than a year and with no possibility to review the terms of policy at mid-term.

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Q. What is the main reason that the problems for the reinsurer get more complicated in respect of large complex projects?

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