Question

What are the two types of retention required to be managed?

a.

Per risk retention and catastrophe reserve

b.

Per event retention and liquidity reserve

c.

Catastrophe reserve and financial reserve

d.

Per risk retention and per event retention

Posted under IC85 Reinsurance Management

Answer: (d).Per risk retention and per event retention Explanation:The two types of retention required to be managed are per risk retention and per event retention.

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Q. What are the two types of retention required to be managed?
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