Question

Are there any formulas or rules that enable an insurer or a reinsurer to decide on their retention?

a.

Yes

b.

No

c.

May be Yes or No

d.

Can't say

Answer: (b).No Explanation:There are no clearly defined formulas or rules that enable an insurer or a reinsurer to decide on their retention.

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Q. Are there any formulas or rules that enable an insurer or a reinsurer to decide on their retention?

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