Question

What is the significance of reinsurance in aviation insurance?

a.

Around 80% of any aircraft will be reinsured.

b.

Reinsurance is not necessary in aviation insurance.

c.

Only a small percentage of aviation risks are reinsured.

d.

Reinsurance is limited to a few countries in aviation insurance.

Posted under IC85 Reinsurance Management

Answer: (a).Around 80% of any aircraft will be reinsured. Explanation:Reinsurance plays a major part in aviation insurance as around 80% of any aircraft will be reinsured.

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Q. What is the significance of reinsurance in aviation insurance?
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