Question

What is the general approach of a reinsurer respecting the life insurer's need?

a.

To have a greater reliance on reinsurance

b.

To have no reliance on reinsurance

c.

To provide expertise in understanding mortality and morbidity

d.

To not share the knowledge of market experience worldwide with the reassured

Answer: (c).To provide expertise in understanding mortality and morbidity Explanation:The general approach of a reinsurer respects the life insurer's need not to have too great a reliance on reinsurance and to provide expertise in understanding mortality and morbidity.

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Q. What is the general approach of a reinsurer respecting the life insurer's need?

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